PROSPECT+ supports public authorities in using innovative financing instruments to accelerate their energy transition.
Because choosing the right one may be challenging at first, three experienced mentors from Croatia, France and Slovenia will explain how to plan and implement projects using energy performance contracting (working with ESCOs), crowdfunding and microloans, and internal contracting.
Sanela Mikulčić Šantić, Sandrine Deternay, and Vlasta Krmelj will share their experience, lessons-learnt and tips to help you prepare successful projects and avoid mistakes. You will also have an opportunity to learn more about the upcoming last Learning Cycle (the call for applications to join as mentees closes on 1 March).
Speakers:
- Sanela Mikulčić Šantić, Cooperative Manager, Križevci, Croatia
- Sandrine Deternay, City of Albertville, France
- Vlasta Krmelj, Mayor of Selnica ob Dravi and CEO of ENERGAP, Slovenia
Crowdfunding and microloans:
Sanela Mikulčić Šantić will introduce a crowd-investing project that allowed Krizevci to mobilise funds for a photovoltaic installation on a municipal development centre. The town raised €54,000 from 93 citizens offering a 4.5% interest rate. This project not only demonstrated financial viability but also sparked the formation of a local cooperative, and tested a model that had not been addressed in the national regulations.
Internal contracting:
Sandrine Deternay will share insights into Albertville City's approach to energy savings, emphasizing actionable steps and internal fund rotation to finance energy-saving measures. This strategy led to increased innovation capacity within the city's departments, enabling larger-scale projects.
Energy Performance Contracting:
Vlasta Krmelj will explain how the Municipality of Maribor refurbished 24 public buildings using EPC, which in 2019 was the largest energy renovation project in the region. The project cost 12 million euro and resulted in annual reduction of energy consumption by 5,952 MWh, spending on energy by 446,000 euro, maintenance costs by 28,500 euro and CO2 emissions by 1,305 tonnes.
About PROSPECT+
PROSPECT+ (“From learning to action!”) brings together 200 local and regional authorities to share their experience with innovative financing instruments for implementing sustainable energy and climate action plans. The project focuses on innovative financing with a strong focus on the crucial aspects of capacity building, decision-making and replication processes. We engage public entities through the mentoring programme and the Community of Practice, the latter open to everyone interested in the topic.
More information:
Project website: www.h2020prospect.eu
Last chance to join the project as a mentee:
Read more about the current opportunity to join the last learning cycle (including free study visits): Get Involved and apply by 1 March.