With rising GDP, the European Union is once again at risk of missing the 2020 targets for energy efficiency, and yet more ambitious targets for 2030 lie ahead. 

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Recent studies show that market potential for energy efficiency across Europe continues to grow; most countries have a market potential of at least a few billion euro annually. 

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Improving energy efficiency, de-carbonising heating and cooling, and increasing renewable micro-generation in existing residential buildings, is crucial for meeting social and climate policy objectives.

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A new online platform, eQuad, makes it much easier for small energy efficiency projects to find investors.

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NEW FINANCING FOR ENERGY EFFICIENCY

The Fifth Estate 07/09/2018

 

The EU Commission estimates that an extra €177bn needs to be mobilized from public and private investment in energy efficiency every year to reach the 2030 climate and energy targets.

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The NOVICE project offers the development of an innovative business model for energy efficiency and demand response programmes.

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Energy efficiency: The missing link

Politico                 21/03/2018

Finance shortfalls threaten EU’s 2030 clean energy goals. Improving energy efficiency in Europe was meant to be easy — and affordable.

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eQuad platform successfully matches first projects to investors

Press release             12/03/2018

€5 million in SME-sized energy efficiency projects have been matched to finance

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There are many creative ways to finance small-scale energy efficiency projects such as building renovations, but they need to be discussed more at the European Commission level, and defined more precisely, Jessica Stromback told EURACTIV Czech Republic.

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No próximo dia 29 de Novembro, Bruxelas recebe a quarta edição do SEAF Investor Forum, um encontro que visa aproximar os investidores dos projectos de eficiência energética. 

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In this work a new techno-economic framework to model and assess business cases for energy, reserve and novel reliability services provided by Microgrids (MGs) is presented. The framework combines a bespoke Transactive Energy (TE) approach that aims at co-optimizing these potentially conflicting services.

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A quarta edição do SEAF Investor Forum já tem data marcada em 2017: a 29 de Novembro, decisores políticos, representantes de instituições financeiras, potenciais investidores e outros agentes do mercado de serviços de energia juntam-se em Bruxelas para encurtar a distância entre o investimento e a eficiência energética.

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Bruxelas recebe SEAF Investor Forum em Novembro

Edifícios e Energia 25/08/2017

 

A group of energy services companies (ESCOs) and investors gathered in Italy in early March with the aim of building confidence in the energy efficiency sector. The Sustainable Energy Asset Framework (SEAF) Investor Forum in Milan attracted 100 delegates - the project’s largest audience yet, according to Jessica Stromback, Chairman of financial services company Joule Assets Europe and SEAF project coordinator.

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Energy efficiency services: How a financing tool is building trust

Engerati                30/03/2017

 

As an extension of the ‘energy trilemma’ of affordability/sustainability/security to also include social acceptance, the ‘energy quadrilemma’, is driving multiple and complex developments in energy systems, particularly at the level of distributed energy resources. 

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Ten Questions Concerning Smart Districts

Building and Environment Journal paper        23/03/2017

 

Carrefour has become the first company to contribute demand side response (DSR) capacity towards French transmission system operator Réseau de Transport d'Electricité’s (RTE) grid balancing services. It is offering this much-needed demand flexibility to RTE with the implementation of a new demand response solution.

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Europe's energy management sector will receive a boost next week with the launch of a new online platform in Milan, Italy. The Sustainable Energy Asset Framework (SEAF), a two-year Horizon 2020 funded project, has developed the software to improve access for small- and medium-sized energy services companies (ESCOs) to project finance.

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In Europe, the market for energy savings companies (ESCO) is showing signs of growth. Revenues amounted to $2.7bn in 2015, according to Navigant Research. And the Energy Efficiency Directive in 2012 - with its target of cutting energy consumption by 20% less by 2020 - is a regulatory move to standardise and develop the sector.

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Energy efficiency Europe: The battle for project financing

Engerati                08/02/2017

 

Portugal tem tudo para ter «um futuro vibrante» na área da eficiência energética, acredita Mike Gordon, CEO da Joule Assets, que também considera que «o mercado imobiliário está sentado em cima do ouro» no nosso país.

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As conferências Investor Days juntam diferentes intervenientes do mercado da eficiência energética, nomeadamente Empresas de Serviços Energéticos (ESE), proprietários, arquitetos e investidores. 

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Last year, Bloomberg New Energy Finance (BNEF) reported that the UK’s domestic policy landscape continued to limit utilities’ engagement in the implementation of energy efficiency programmes as suppliers’ confidence with regards to the government’s management of energy efficiency policy remained flat. 

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UK financial service provider ploughs £3m into energy efficiency

Engerati                11/08/2016

 

A new European Energy Efficiency Platform has been launched as a one-stop shop for energy efficiency data and knowledge. Its purpose is to help policymakers, researchers, industry, and public and consumer bodies to meet the strategy’s EU-wide target of 27 per cent energy savings by 2030.

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Europe in renewed push for energy efficiency

The Fifth Estate    24/05/2016

 

For energy investors, saving energy has never been as profitable as producing it. That’s starting to change, with institutions from Deutsche Bank AG to Societe Generale SA making it bankable to squeeze more out of electricity and fossil fuels.

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The European Commission is providing €1.7 million to Joule Assets Europe to develop the SEAF Tool, which will improve access to funding for energy efficiency projects, spurring job creation and the growth of SME service providers.

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Lisboa recebe, entre hoje e amanhã, os Investor Days, que juntam diferentes intervenientes do mercado da eficiência energética, nomeadamente Empresas de Serviços Energéticos (ESE), proprietários, arquitectos e investidores. 

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Em 2020, melhorar a eficiência energética dos edifícios vai exigir um investimento global superior a 192 mil milhões de euros. O potencial de poupança é inegável, mas continua bloqueado e não necessariamente por falta de capital. Em vez disso, fazer destes números uma realidade vai depender muito da capacidade do sector de comunicar e vender a eficiência energética.

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(Bloomberg) — Joule Assets Inc. plans to raise 100 million
pounds ($150 million) by the end of the year to invest in U.K. companies that help businesses and homeowners curb energy waste and cut bills.

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Joule Plans $150 Million Fund for Companies to Cut Energy Waste

Bloomberg New Energy Finance Blog        27/04/2015

 

BEDFORD HILLS, N.Y., Oct. 21, 2014 /PRNewswire/ -- Joule Assets Inc., the leading provider of financing solutions for energy efficiency and demand response projects, announced the expansion of its financing solutions in Europe, as well as the appointment of Jessica Stromback, General Manager and Senior Vice President, Europe. Stromback will lead business development strategy and create new opportunities in these growing markets.

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