Finance & Economics

Pre-commercial procurement for 100% renewable retrofits

The EU Horizon 2020 project procuRE is offering €7.68 million for RandD services in building technology and renewables. It is financed by the cities of Nuremberg (Germany), Istanbul (Turkey), Velenje (Slovenia), Eilat (Israel) and Barcelona (Spain) The project will pave the way for the decarbonisation of the 21,000 buildings owned by the participating cities through replicable solutions and showcase the examples of best practice to be implemented elsewhere. All relevant stakeholders are invited to participate local Open Market Consultation in April and May. Public and private property owners Owners are also invited to the Open Market consultations and to become Preferred Partners free of charge to receive detailed information about the project and its results. The results of the project can be found on: Website twitter LinkedIn newsletter and the planned events can be seen on: (herell €768.com and the project.

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Thinking strategically about industrial energy efficiency
Finance & Economics

Thinking strategically about industrial energy efficiency

Catherine Cooremans and other colleagues in her Multiple Benefits project provide some answers in a short video that lays out the problems and some of the solutions. In the EEFIG survey, there are many suggestions from standardised contracts to better regulations to better sharing.

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Showcasing the need to improve energy performance of industry
Finance & Economics

Showcasing the need to improve energy performance of industry

European Commission presented its European Green Deal investment Plan. Plan expects to mobilise at least €1 trillion of sustainable investments over the next decade. The strategy includes a dedicated strategy for small and medium-sized enterprises (SMEs).

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Powering an Energy Efficient Future
Finance & Economics

Powering an Energy Efficient Future

I moderated a webinar on energy efficiency for the IPFA as part of their energy transition series. This may be the last in the series but believe me, this is the most important element of the energy transition. I tend towards a fundamental position.

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Europe’s steel industry and the need to decarbonise
Finance & Economics

Europe’s steel industry and the need to decarbonise

Europes steel industry needs a credible plan to go green, says Ben Jones. The costs of decarbonising its operations would cost up to €40bn. Jones raises a question whether consumers will be demanding greener steel and be willing to pay for.

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How do we finance industrial energy efficiency?
Finance & Economics

How do we finance industrial energy efficiency?

The EU has focused on the Emissions Trading System to bring results but it has not been that successful in achieving energy efficiency. This week the Energy Efficiency Financial Institutions Group (EEFIG) will have a meeting of a new Working Group on industrial energy efficiency.

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Going DEEP
Finance & Economics

Going DEEP

The Energy Efficiency Financial Institutions Group (EEFIG) has over 15,000 projects. They provide a good indication of the risk factors involved in energy efficiency. The website has been updated to show Internal Rate of Return (IRR)/ Net Present Value.

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Investing in improving energy efficiency is industry's chance to be part of the post-pandemic economic recovery
Finance & Economics

Investing in improving energy efficiency is industry's chance to be part of the post-pandemic economic recovery

The European Commission presented its European Green Deal investment Plan. The plan is to mobilise at least €1 trillion of sustainable investments over the next decade. In March 2020, the Commission also published its industrial strategy. It aims to reduce red tape .

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Reflections on the recent 2020 EEFIG plenary
Finance & Economics

Reflections on the recent 2020 EEFIG plenary

The Energy Efficiency Financial Institutions Group (EEFIG) held its annual plenary session in Brussels. EEFIG was established in 2013 by the European Commission Directorate-General for Energy (DG Energy) and the United Nations Environment Programme Finance Initiative (UNEP.

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How Energy Efficiency and Renewables will benefit from COVID-19
Finance & Economics

How Energy Efficiency and Renewables will benefit from COVID-19

Since 1900 only three events had a greater impact on global energy demand than COVID-19: the Spanish flu, the Great Depression and World War II. Can we already predict the near and/or long term impact? Likely not. But we need.

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