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Triple-A

Enhancing at an Early Stage the Investment Value Chain of Energy Efficiency Projects
Funder: European CommissionProject code: 846569 Call for proposal: H2020-LC-SC3-EE-2018
Funded under: H2020 | CSA Overall Budget: 1,486,200 EURFunder Contribution: 1,486,200 EUR
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Description

Triple-A has a very practical result-oriented approach, seeking to answer three questions: - How to assess the financing instruments and risks an early stage? - How to agree on the Triple-A investments, based on selected key performance indicators? - How to assign the identified investment ideas with possible financing schemes? The Triple-A scheme is introduced, compromising three critical steps (answering each question), with the following main outputs: - Step 1 - Assess: Member States (MS) risk profiles and mitigation polices, including a Web based database, enabling national and sectoral comparability, market maturity identification, good practices experiences exchange, reducing thus uncertainty for investors. - Step 2 - Agree: Standardised Triple-A tools, efficient benchmarks, and guidelines, translated in consortium partners’ languages, accelerating and scaling up investments. - Step 3 - Assign: In-country demonstrations, replicability and overall exploitation, including recommendations on realistic and feasible investments in the national and sectoral context, as well as on short and medium term financing. The Triple-A case study countries were selected to promote diversity across a number of factors, including: a leading European economy (Germany), an innovation front-runner in energy (The Netherlands), a weak economy, went through one of the longest and most severe recessions (Greece), an economy with slow economic recovery (Italy), a diversified economy with a strategic geographical location having some of the largest European firms (Spain), a country that has experienced one of the fastest economic recoveries in Europe (Lithuania), a progressing country with a once sceptical stance towards low-carbon development (Czech Republic), and a country, recovering from a slow transition to a market economy, with growing regional strategic role and significant ambition towards EU processes (Republic of Bulgaria).

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