Publicly-funded initiatives
Joule contributes to several European-funded LIFE projects that shape policy concerning the scale-up and innovating financing of energy efficiency and renewables projects. Joule brings years of regulatory expertise, market intelligence, and performance-based financing knowledge, in addition to its network of project developers and investors built over the course of its experience in the market.
BungEES
Status: Ongoing
Role: Project Partner
Partners: ISR-University of Coimbra, Fraunhofer, Eni Plenitude Iberia SL, Zväz Stavebných Podnikateľov Slovenska, Voltalis
BungEES is a 3 year EU funded project that kicked off in September 2022, The project is to develop an integrated one-stop-shop package of novel smart energy efficiency services (EES) integrating energy efficiency and distributed generation, demand response, e-mobility, energy storage/hybrid energy systems and integrating different energy sectors (e.g., electricity with heating and cooling), and to develop innovative financing and rewarding solutions.
The BungEES Project received funding from the European Union’s LIFE programme under grant agreement n° 101077101
GeARUP
Status: Ongoing
Role: Project Coordinator
Partners: New Energy Group, TNO, Sustainable Energy Finance Association (SEFA), Green Finance Institute (GFI) Spain, Jones Lang Lasalle (JLL) Ireland, Pinergy, Aristotle University of Thessaloniki
GearUP is pioneering a transformative market for energy efficiency (EE), positioning it alongside renewable energy like solar and wind. Although EE is critical for sustainability, Europe lacks a standardized market for measuring, trading, and financing energy savings. GearUP tackles this by creating a scalable framework to commercialize saved energy (kWh), addressing key barriers like split incentives, limited retrofitting, and capital access.
The GearUP Project received funding from the European Union’s LIFE programme under grant agreement n° 101167702.
CROSSFIT
Status: Ongoing
Role: Project Coordinator
Partners: Enersave Capital, Vlaams Energiebedrijf (VEB), Sustainable Energy Finance Association (SEFA), RdA Climate Solutions, L’Energètica, Sustainable City Network (SCN)
CROSSFIT seeks to transform how energy efficiency projects are handled in the public sector by introducing a game-changing approach: with the set-up of a one-stop shop in the public sector, where complexities in procurement are simplified, and opportunities are seized. Our primary goal is to streamline decision-making, centralize tender procedures at the municipal, regional, and national levels, and captivate the private financial community's active participation Drawing inspiration from the successful VEB OSS model in Belgium, CROSSFIT will establish similar systems in Greece, Portugal, and Spain to streamline decision-making and tendering. The project will blend public and private capital for financing and aims to expand the model across Europe.
The CROSSFIT Project received funding from the European Union’s LIFE programme under grant agreement n° 101167708.