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CRES

CENTRE FOR RENEWABLE ENERGY SOURCES AND SAVING FONDATION
Country: Greece
110 Projects, page 1 of 22
  • Funder: European Commission Project Code: 289424
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  • Funder: European Commission Project Code: 245583
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  • Funder: European Commission Project Code: 101033691
    Overall Budget: 1,485,890 EURFunder Contribution: 1,485,890 EUR

    The Energy Savings Insurance (ESI) Europe 2.0 project aims to: (i) replicate the successful innovative financing scheme ESI (currently being implemented in Italy, Portugal and Spain with the ESI Europe funded by the EU’s Horizon 2020 research and innovation programme) in three high potential countries in Europe – Croatia, Greece & Slovakia; (ii) hold capacity building, and marketing and promotion activities targeting key market stakeholders to help them understand the model and facilitate access to EE finance; & (iii) to create tools to promote & enable the further replication of ESI across Europe. The ESI model consists of financial & non-financial mechanisms designed to work together to improve the risk-return profile of EE investments & overcome the associated barriers to stimulate the demand for EE projects. It consists of: (i) a standardised contract, which clearly establishes the setup to guarantee energy savings to the SME; (ii) a performance insurance that is used to compensate the SME in case the EE project does not reach the expected energy savings; & (iii) validation mechanisms that provides an independent assessment & verification of the project. These three mechanisms work together to create trust & credibility between actors, & convince SMEs to invest in EE. The model is supported by communications, dissemination & outreach activities, as well as capacity building & EE investment roundtables targeting key market stakeholders, including technology providers with EE solutions, financial institutions, SMEs & others, to create dialogue between the relevant stakeholders & facilitate access to EE finance. The ESI model presents a proven & unique, market based approach that makes use of distribution channels & products that are already available on the market. The ESI mechanisms is complementary to other schemes & available funding, such as green credit lines, credit guarantees, or energy audits.

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  • Funder: European Commission Project Code: 249804
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  • Funder: European Commission Project Code: 101056862
    Overall Budget: 4,379,840 EURFunder Contribution: 4,377,330 EUR

    Circular Economy integration into climate action and policy is limiting the EU's advancement to achieve carbon neutrality as fast as possible. Widely applied TIMES energy-climate mitigation models detail the use of technology and technological advances in its GHG abatement pathways. Because CE practices are technical, CO2NSTRUCT deems TIMES the ideal proxy model to shift climate mitigation models from linear to circular. This project will delineate a “circular climate mitigation” framework to augment TIMES models at a first stage, but that can serve as an imprint for other climate mitigation models. The focus will be on six pervasive carbon-intensive construction materials – steel, cement, brick, glass, wood, and insulation – to map six value chains with explicit feedback loops and quantified rebound effects, key of CE practices. Social and environmental externalities will be accounted for, including GHG & air pollutants emissions, water usage, embodied energy, energy poverty, employment, and inequalities. Once these and other CE measures are identified in the key industries of the six materials, CE tools as LCA and MFAs can be coupled to the TIMES model. TIMES will run several CE scenarios to quantify the role of CE for EU+ climate mitigation in the near-term and future, always ensuring carbon. Outcomes will be translated into useful and effective policy support information for sustainable climate mitigation, minimising conflicts across SDGs (both in EU+ and rest of the world). Although the framework is applied to the whole EU+ energy production and consumption system (disaggregated per country), CO2NSTRUCT will emphasize two economic case studies or clusters: (1) offshore renewable energy production and (2) buildings. CO2NSTRUCT anticipates that the framework can be used globally by climate mitigation modelers and policy makers. CE integration into climate action will drive EC’s goal to increase EU GDP by 0.5% by 2030.

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