Check out how SUPER-HEERO and FinEERGo-Dom focus on innovative financing schemes to support energy efficiency for a range of domains, with particular expertise in residential and public buildings, as well as supermarkets.
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The second roundtable of the H2020 project FinEERGo-Dom took place during the World Sustainable Energy Days 2023. One of the three innovative workshops was dedicated to “Supporting EPC and energy efficiency service (EES) providers in decarbonizing buildings” and was organized together with the H2020 project REFINE. A series of presentations and a panel discussion about the investors’ perspective on increasing capital in deep renovation made the program of the event. You can download the files and see some pictures below.
Innovative synergies between the FinEERGo-Dom model and DanuP-2-Gas project were discussed at the DANUP-2-GAS NATIONAL WORKSHOP IN BULGARIA on the 2nd of December 2022. The focus was on put on the opportunities for combination of the benefits from deep renovation of a pool of multifamily buildings with renewable energy supplied by Power-to-Gas hubs. More about the event can be read below or here.
(Source: DanuP-2 Gas project)
DanuP-2-Gas National Workshop in Bulgaria was held on the 2nd of December 2022 as a hybrid event at hotel Central (Sofia) and online. More than 60 individual invitations were emailed to potential interested participants; the event was intensively promoted also in social networks and websites. The campaign generated a high interest and a great number of registrations, resulting in fine selection of guests.
The workshop continued for almost six hours, giving opportunity for detailed discussions and a deep dive into the technicalities and business models of Power-to-Gas (P2G) technologies. After the short welcoming and introductory words, the participants were presented with the workshop’s main topics, i.e., the P2G concept and the opportunities for methanization of biogas, allowing its injection into the gas grid, Danube Energy Platform, Subsidies catalogue, Transnational RE Atlas, Optimization tool, Pre-feasibility study, existing legislative and administrative barriers to the construction of P2G hubs. Innovative synergies with other ongoing projects were demonstrated such as the H2020 FinEERGo-Dom under which the benefits from deep renovation of a pool of multifamily buildings can be combined with energy supply from P2G hubs.
The topics sparked discussions among the onsite participants, which continued also during the coffee and lunch breaks. Expectedly, most discussions were related to the regulatory restrictions and conditions for implementation of real P2G projects in the country. There were questions about the practices of foreign companies owning and operating biogas plants as well. As a final note, the participants expressed their interest to have speakers representing the transmission systems operators, regulator, etc. during such events in the future.
P2G technologies are expected to gain popularity in Bulgaria due to the independence from natural gas supplies they provide, along with the unbearably high prices of that type of energy carrier. Considering the great number of financial instruments and EU subsidies that can be used to realize P2G investments, e.g., Bulgarian Resilience and Recovery Plan, it is a matter of making one more step before such production facilities start to operate in Bulgaria.
Regional Investment Roundtable; 23.11.2022, Sofia (Bulgaria)
Successful practices, business models and instruments that enable deep renovation in multifamily buildings were at the center of the discussions during the Regional Investment Roundtable that took place on November 23rd, 2022 in Sofia (Bulgaria). The event was organized as part of the activities under the FinEERGo-Dom – a H2020 funded project. During the opening session, renowned speakers presented recent and upcoming developments in Energy Performance Contracting (EnPC) markets and regulations across Europe, drew key parallels with the FinEERGo-Dom scope, and outlined opportunities for synergies.
The EU level policy context was outlined by Eduardo Soares Antunes (DG ENER). Mr. Antunes focused on the new revision of the Energy Efficiency Directive and the additional ways for supporting the EnPC model throughout EU.
Ms. Karolina Loth-Babut (Polish National Energy Conservation Agency / KAPE) – FinEERGo-Dom project coordinator and Mr. Marcin Jamiołkowski (Polish Fund for Environment Protection and Water Management / NFOŚiGW) – FinEERGo-Dom’s financial capacity provider, presented the structure of the already operating FinEERGo-Dom financial scheme in Poland, which involves The Polish Development Fund (PFD) besides KAPE and NFOŚiGW. Mr. Nicholas Stancioff, the FinEERGo-Dom ideologist, broadened the FinEERGo-Dom vision and shifted it from energy efficiency towards comfort, health, and safety environment for homeowners.
The plenary session concluded with a presentation from one of the keynote speakers of the Roundtable – Mr. Soren Lutken (Chairman of the Global ESCO Network). Mr. Lutken explained the various ways through which the Global ESCO network supports the application of ESCO business model and EnPC around the world, including through mechanisms similar to the FinEERGo-Dom.
Sharing experience from structuring the Bulgarian Decarbonization Fund, North Macedonian Energy Efficiency Fund, and the “Renovation with guaranteed savings” program in Poland was at the focus of the first discussion Session. Mr. Robert Pernetta (European Investment Bank), Mr. Marcin Jamiołkowski (NFOŚiGW), Mr. Simon Avramovski (PointPro Consulting), and Mr. Marko Markov (Econoler) delivered lively and insightful discussion on the subject.
Opportunities for cooperation among active H2020 projects in Bulgaria was the focus of Session Two. Assist. Prof. Maria Trifonova (SHAREs) and Ms. Tzveta Naniova (SHEERenov) brought their perspective on how FinEERGo-Dom can strengthen the value proposition of their projects. Dr. Dragomir Tzanev (EnEffect & Municipal Energy Efficiency Network EcoEnergy) stressed on the importance of effective communication as a tool for enhancing homeowners` engagement.
Mr. Ivan Gerginov (SOFIAC) launched a transcontinental conversation on successful financial practices by using the example of SOFIAC, an investment fund to accelerate Canadian private companies’ EE and decarbonization projects in Session Three. Ms. Gunta Cekule (Latvian Building Energy Efficiency Facility / LABEEF) went into detail in explaining the operation of the fund in Latvia and the reasons why it serves as the role model for the FinEERGo-Dom project. The session concluded with two presentations from mature EnPC markets. Mr. Lieven Vanstraelen (Energinvest & President of the Belgian ESCO Association / BELESCO) demonstrated efficient design of billion investment level project portfolios from Belgium; Ms. Jana Szomolányiová (SEVEn) and Mr. Jaroslav Maroušek (SEVEn) presented a big-ticket EnPC from the Czech Republic that blends financial resources from a grant provider and financial institution.
FinEERGo-Dom is an ambitious 4-year project that refines and implements guaranteed financing schemes for energy efficiency and renewable energy in deep renovations of buildings in Poland, Austria, Slovakia, Romania, and Bulgaria. The project builds on the experience of the Latvian Building Energy Efficiency Facility (LABEEF), the original Building Energy Efficiency (BEEF) Facility deployed successfully in Latvia. LABEEF is based on an existing example providing 20 year Guaranteed Performance contracts to owners through an On-Bill payment scheme.
Ms. Naniova is one of the most experienced experts in Bulgaria when it comes to renovation of multifamily buildings. In this interview we talk about the H2020 SHEERenov project, which she leads, as well as:
(i) the ways SHEERenov facilitates homeowners during their building renovation journey;
(ii) the SHEERenov model and the services it brings to the homeowners, e.g., investment grade auditing, technical auditing, and long-term affordable financing under the roof of a one-stop-shop (OSS);
(iii) major barriers and suggested changes in regulation;
(iv) SHEERenov integration in the Bulgarian Resilience and Recovery Plan (RRP);
(v) potential for synergies with our H2020 FinEERGo-Dom project, e.g., utilization of the SUNShINE online platform, involvement of ESCO companies in the process, etc.
SUNShINE platform was also launched in Slovakia. The platform, a useful component for refurbishment and renovation of the buildings using EPC method, offers continuous and reliable monitoring of planned and actual energy consumption to organizations, businesses, owners and residents which now have the opportunity to register and use the platform.
The team of the FinEERGo-Dom project is supporting all phases of the EPC project – from planning, implementation and maintenance of the renovation and monitoring of the energy consumption of the renovated buildings.
The platform offers storing all relevant project documents, protocols, plans, meeting reports for registered users, which can view and use these data as need be.
All project documentation, for example construction plans, energy consumption data or minutes of meetings, can be stored on the platform. Registered and approved organizations and companies can then view these documents and information.
Feedback from our partners
The platform was presented and demonstrated at online and personal meetings with various stakeholders, at the advisory committee meeting and during trainings.
Some of the feedback from our partners:
all partners concluded that the platform with its functionalities can be a useful professional tool, however it is necessary to add some more input information about the energy data,
enhancing calculations possibilities can be an additional benefit
one comment was that the definition of the savings should be based on the official energy audit.
there was a recommendation to include the consumption of electrical energy, as current platform offers to the user only EPC projects with the measures for saving thermal energy, not electricity as well (eg. measures including photovoltaic panels installation, modernization of lighting system, installation of EMS, etc.
one disadvantage of the platform the participants see is its complexity, structure, which is often complicated and not easily understandable.
for a new user, it is a little complicated to find the tables for entering the energy data, as it is hidden in the Annex IV.
consumption of domestic hot water is measured in MWh or kWh, not in m3 anymore, therefore this should be included in the platform. The data must be provided according to billing meter readings or on the basis of energy suppliers’ billing invoices.
The platform will be used for the pilot projects, the relevant stakeholders will register in the platform and actively use it.
One of the key results of the FinEERGo-Dom project is the digital platform SUNShINE, which supports stakeholders involved in the building renovation process. The platform was developed under another Horizon 2020 project (SUNShINE) and now FinEERGo-Dom partners have developed it further. The main task of the platform is to link all parties involved in the renovation process of multi-family buildings.
Users of the platform in Poland can be both beneficiaries of the “Renovation with a guarantee of savings EPC Plus” programme and ESCOs that have access to buildings entered in the platform. Both parties can more easily establish cooperation through the SUNShINE platform.
The FinEERGo-Dom team in Poland is currently testing the platform as part of the first pilot investments in thermomodernisation of multi-family buildings under the Priority Programme of the National Fund for Environmental Protection and Water Management. If you are a potential ESCO interested in cooperating with Programme Beneficiaries, you can already check the buildings uploaded in the Platform.
The Austrian Green Investment Pioneers Program is a measure within the Austrian Green Finance activities. It emerges from the Austrian Green Finance Agenda, which is developed by the Federal Ministry for Climate Protection, Environment, Energy, Mobility, Innovation and Technology (BMK) and the Federal Ministry of Finance (BMF) together with stakeholders.
The Austrian FinEERGo-Dom team asked Mr. Bacher (Senior Expert Green Finance, Environment Agency Austria) how far the FinEERGo-Dom’s financing mechanism suits to the Austrian Green Investment Pioneers Program.
We are very happy to announce to you that SUNShINE Platform was launched for Romania. The SUNShINEPlatform is an excellent stakeholder project management tool for energy efficiency improvement and deep renovation which is now available in Romania.
The SUNShINE Platform is aresult of the FinEERGO-Dom project, which implements a guaranteed financing mechanism to renovate public and private buildings across 7 countries. Building renovation is key to creating a healthy future for us all. By creating safer, healthier homes and working spaces, we are building a more sustainable future for us all.