ELENA Introduction and Update. European Investment Bank

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1 ELENA Introduction and Update European Investment Bank 1

2 ELENA - European Local ENergy Assistance EC-EIB cooperation started in 2009 to reach targets (20% increase in energy efficiency, 20% reduction of CO2 emissions, and 20% renewables by 2020) Technical Assistance facility: managed by EIB; funded by EU budget (H2020 Programme); regulated through annual Delegation Agreements; Project development support for energy efficiency; building integrated renewables; clean urban transport and mobility Market replication focus (min. investment EUR 30 m); investment leverage required (ratio 20 for sustainable energy; 10 for clean urban transport and mobility) 90% funding rate (grant); claw back possibility Budget allocation: average EUR 15m per year; 2016 agreement is 20 mio EUR of which 5 mio are transport; 2017 agreement is 30 mio EUR of which 10 mio are transport First come, first served rule for applications European Investment Bank 2

3 ELENA support mechanism ELENA Technical Assistance Support for local or regional entities for : Additional personnel Technical studies Preparation of calls for tender Financial structuring Energy efficiency and Renewable energy in public and private buildings, public lighting and traffic light network photovoltaics, heating/cooling systems ; Efficient urban transport and mobility clean and energy-efficient road transport vehicles, trams, trolleybuses, metros, and trains; investments to improve public transport or to improve energy efficiency of any mode; Local energy facilities that support EE/RE smart grids, infrastructure for recharging electrically powered vehicles, information and communications technologies. European Investment Bank 3

4 Eligible promoters/final Beneficiaries/Costs Final beneficiaries of project development services: State, region or local authority Other public body or groupings of such bodies Private entities Joint ventures and cooperations with a lead partner Implementation of Investment Programme: Public and private bodies (not necessarily ELENA beneficiary) Eligible costs: Additional staff hired for ELENA TA by beneficiary External experts and services European Investment Bank 4

5 Project maturity Preparatory studies must have been carried out and main decisions taken before ELENA support request Leverage performance measured after 3 years (for urban transport 4 y) In case leverage of 20 (or 10 for urban transport and mobility) not achieved : grant may be clawed back ELENA proposal should demonstrate high implementation probability European Investment Bank 5

6 Transport cases supported in the past Aarhus Light Rail, Denmark Electrobus, Barcelona Objective: technical integration of existing rail lines with new build light rail. Preparatory activities: detailed studies for energy efficient power supply systems, energy storage and conservation, sustainable solutions for depot and various technical innovative solutions for energy savings. Support: 1.9 mio EUR Objective: retrofit and replace inefficient busses. Preparatory activities: detailed technical studies for retrofit of existing buses, purchasing new hybrid buses (tender and procurement strategies) and optimisation of bus line network. Support: 1.9 mio EUR Zero Emission Buses, Netherlands SPIS light rail, Sweden Objective: procurement of zero emission buses. Preparatory activities: design and development of TCO model for bus replacement, design of procurement and tender strategy and tender documents to be shared between all relevant PTAs. Support: 2.5 mio EUR Objective: analysis, design and specifications for three smallsize local light rail systems Preparatory activities: feasibility studies, design of implementation strategy, depot locations, design of trams and stops, safety assessments, noise and vibrations assessments and procurement plans. Support : 2.9 mio EUR European Investment Bank 6

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