Public subsidies in the Central European region are often used to implement energy efficiency measures without considering the possibility of private co-financing by third parties through the Energy Performance Contracting (EPC) mechanism. This is due to a number of barriers on both the side of the subsidy programmes’ structure and on the side of subsidy receivers and Energy Service Companies (ESCO). As a result, a given limited amount of public funding leads to a significantly lower number of energy efficiency actions in comparison to the potential of co-financing through EPC.
As the EPC is usually suitable for financing of energy efficiency measures with short or medium payback additional financing from subsidy programmes is needed to implement measures with longer payback.
IDEA AND GOALS
The fundamental idea behind the project is to maximize energy savings through effectively defining and interconnecting activities of public subsidy programmes with the implementation of energy services.
The goal is to prepare both general as well as specific recommendations for the provision of subsidy resources and concurrently opening the market of energy services in a manner which will enable the highest possible energy savings by lowering the public expenditures.
CombinES will strengthen regional as well as trans-national cooperation of key players along the energy efficiency value chain with a long-term impact of better safeguarding EU natural resources and contributing to sustainability strategies.