Local authorities in the northeast of England have teamed together to offer energy efficiency measures to householders and businesses that will be repaid for through electricity bills. The public private partnership initiative, known as Warm Up North, is the first local authority response to the UK government’s recent Green Deal and Energy Company Obligation (ECO) legislation.
In 2009 the Estonian public financing institution, Fund KredEx, became the first European financial institution to launch a revolving loan fund for improving energy efficiency in apartment buildings. Funded by the European Regional Development Fund (ERDF), the €49 million KredEx fund supported renovations in 18,281 apartments covering 1,189,398 m². Energy saving of 36% are expected.
In the UK, awareness of climate change and its relation to energy supply is at an all-time high. The current technological and legislative context offers significant financial incentives for the expansion of renewable energy systems. This has created an attractive environment for shared investment in and ownership of renewable energy technologies.
In light of the current economic situation, one way the public sector can invest in building energy efficiency is by using European Structural and Cohesion Funds, financial tools set up to implement the regional policies of the European Union (also known as Cohesion Policy). Structural Funds are made up of the European Regional Development Fund (ERDF) and the European Social Fund (ESF). Cohesion Funds are used to fund projects in the environment, transport, infrastructure and renewable energy sectors. More than a third of the European Union budget is used for Cohesion Policy.
ManagEnergy’s annual conference was the first session of the EU Sustainable Energy Week 2013. Jointly organised with the Covenant of Mayors, the conference's main theme directly tackled current political, economic and social concerns and the need for new financial models to boost sustainable energy investments in Europe.
ManagEnergy talks with Stuart Broom at the EIB’s European PPP Expertise Centre (EPEC) about energy performance contracting and what local authorities need to do to get energy efficiency projects ready for the next funding period.
ManagEnergy interviews communication representatives from energy agencies in Austria, Belgium and Netherlands on the implmentation of Article 20 of the recast EPBD relating to the provision of information.
What can be done to encourage ESCO take-up in an early stage market? ManagEnergy takes a tour-de-table around Ireland, Cyprus and Portugal to find out.
Earlier this month the European Commission adopted a new strategy for encouraging the use of green infrastructure, and for ensuring that the enhancement of natural processes becomes a systematic part of spatial planning.
ManagEnergy caught up with Claudia Carani of the Modena Energy Agency (AESS) at its recent capacity building workshop in Sardinia where she described recent developments in the municipality’s €54 million ELENA-funded energy efficiency project.
New Member States should be much more ambitious in terms of energy savings in multi-apartment buildings according to the head of award-winning Latvian not-for-profit energy service company, Renesco. The company is currently achieving up to 60% energy savings in such buildings through comprehensive renovation and in future renovations aims to achieve energy savings of 70-85%.