Page 45 - European Energy Innovation - spring 2020 publication
P. 45
Spring 2020 European Energy Innovation 45
COMMUNICATION
Figure 2: Objectives of the implementation of the CFs4EE Financing Schemes establishment of the Investment
Platforms in 3 of the 4 pilots, since
the Lithuanian pilot has already an
investment platform established.3
These activities include:
of citizen financing mechanism, the development of policy • Identification of stakeholders that
crowdfunding or cooperative recommendations for improving the will be convened into groups at
funding, supported by Public market and regulatory framework and pilot level to support the kick start
Financing Instruments (PFI). These the creation of a network of experts of the platforms.
mechanisms will include different with enhanced in-house capacities to
financial, private and public support the project concepts and its • Legal, regulatory4 and market
alternatives, aiming at progressively advantages among those who could characterization.5
maximising the leverage ratio of support citizen financing schemes
public funds to private financing, deployment. • Analysis of the institutional,
in accordance with the European organisational and procedural
Smart Finance for Smart Buildings CitizEE celebrates its first year in aspects concerning EFSI-backed
initiative under the Investment Plan May 2020, during this time CitizEE’s Investment Platforms.6
for Europe to make more efficient actions geared towards preparing
use of public funds. the groundwork for the • Development of a master plan for
the founding of the Investment
Platforms in the CitizEE’s pilots.7
In addition, first steps were taken
to assess the market opportunities
for the citizen financing solutions
for energy efficiency and to outline a
map of structured financial solutions
for CFs4EE Financing Schemes that
will be used at the implementation
stage of the project. l
• The competitiveness and market This project has received funding from the European
potential of the CitizEE CFs4EE Union‘s Horizon 2020 research and innovation
Financing Schemes will be programme under grant agreement No 847147. The sole
evaluated through four pilot responsibility for the content of this publication lies with
demonstrations at regional or the authors. It does not necessarily reflect the opinion of
country level in Portugal, Belgium, the European Commission. The European Commission is not responsible
Lithuania and Croatia. The typology for any use that may be made of the information contained therein.
of projects addressed by the pilots
ranges from energy efficiency The project results are available in the project webpage: www.citizee.eu
retrofitting in buildings, schools, For further information please contact:
lighting and used infrastructure to Pablo Alonso //WIP Renewable Energies //pablo.alonso@wip-munich.de
renewable energy integration via Silvia Caneva // WIP Renewable Energies // silvia.caneva@wip-munich.de
photovoltaic modules installations.
The strategy followed by the
project will be completed with
1. D2.1 Institutional, organisational and procedural report -Page 11- https://www.citizee.eu/wp-content/uploads/2020/01/D2.1-Institutional-organisational-
and-procedural-report_PU_compressed.pdf
2. CFs4EE: Citizen Finance Schemes for Energy Efficiency
3. EU support for first energy efficiency investment platform in Lithuania https://www.citizee.eu/news/eu-support-for-first-energy-efficiency-investment-
platform-in-lithuania/
4. D2.10-Legal & regulatory investment framework analysis report https://www.citizee.eu/wp-content/uploads/2020/02/D2.10-Legal-regulatory-investment-
framework-analysis-report_PU.pdf
5. D2.11-Report on Market characterization: segments and boundaries analysis https://www.citizee.eu/wp-content/uploads/2020/02/D.11-Report-on-Market-
characterization-segments-and-boundaries-analysis_PU.pdf
6. D2.1 Institutional, organisational and procedural report https://www.citizee.eu/wp-content/uploads/2020/01/D2.1-Institutional-organisational-and-
procedural-report_PU_compressed.pdf
7. D2.2 Master Action Plan for the Establishment of the Citizen Investment Platforms https://www.citizee.eu/wp-content/uploads/2020/01/D2.2-Master-
Action-Plan-for-the-Establishment-of-the-Citizen-Investment-Platforms_PU.pdf
