Financial mechanisms

POWERPOOR aims to develop support programmes / schemes for energy poor citizens and encourage the use of alternative financing schemes e.g. establishing energy communities / cooperatives, crowd funding). The rpoject facilitates experience and knowledge sharing, the implementation of behavioural changes and small-scale no-regret energy efficiency interventions as well as encourage the uptake of renewable energy sources through energy communities and cooperatives, increasing the active participation of citizens.

The SUPER-i project will contribute to generate substantial investments in energy efficiency within the social housing sector by establishing a direct dialogue, at local government level, between financial institutions, other private investors and social housing managers while also involving ESCOs (Energy Service Companies).

Smarter Finance for EU aims to accelerate the roll-out of certified green homes across Europe – including the development and adoption of over €100bn worth of green mortgages, loans and development finance. Led by Habitat for Humanity, the project’s energy poverty element will aim to improve the health and comfort, financial stability, and energy performance of very low income, vulnerable households. It will also facilitate European and global discussions on what knowledge and lessons learned can be shared when implementing solutions that combine government incentives with private bank financing.

CLEAR-HP aims to facilitate consumers’ access to heat pumps products by accompanying consumers throughout the whole purchasing journey, and by addressing financial and regulatory barriers. The project promotes consumer awareness and empowers them to lead the clean energy transition, improving the energy performance and comfort of their homes, in addition to reducing their energy bills.

The POWERTY project worked to increase access to renewable energy for vulnerable groups to tackle energy poverty. This was done primarily by improving regional policy instruments targeting 4 topics: new innovative technologies, new formulas for financing, improving the regulatory framework and empowering vulnerable groups. Over the project's 4 year duration, the partners developed a complete learning process to facilitate an effective knowledge flow between these regions.

The Green Energy Community (GECO) was a demonstration project in the Pilastro – Roveri district of Bologna. It comprised the creation of an energy community, an entity introduced by the EU Clean Energy Package (CEP). The GECO project intended to tackle social, technical and economic aspects related to the creation of the green energy community in order to increase sustainability, reduce energy poverty and generate a low carbon economic cycle. The project is carried out by AESS, ENEA, UNIBO, CAAB/FICO and Agenzia Pilastro, with the Emilia Romagna Region, GSE, RSE, City of Bologna, local associations, businesses and citizens and with the financial support of EIT Climate-KIC.

Warm Up New Zealand was a government-subsidized residential energy efficiency and clean energy program, addressing respiratory illnesses and winter mortality rates. The Energy Efficiency & Conservation Authority (EECA) collaborated with home insulation companies, regional councils, energy trusts, and other partners to provide low-income households with grants covering 60% of the cost of insulation.

Warm Up New Zealand is a government-subsidized residential energy efficiency and clean energy program, addressing respiratory illnesses and winter mortality rates. The Energy Efficiency & Conservation Authority (EECA) collaborated with home insulation companies, regional councils, energy trusts, and other partners to provide low-income households with grants covering 60% of the cost of insulation.

Warmer Kiwi Homes was a four-year Government programme offering grants covering two-thirds of the cost of ceiling and underfloor insulation.

In the POWERTY pilot, a collective photovoltaic installation was carried out on the roof of public schools to share most of the energy generated with families in a situation of energy poverty in the neighborhood. All this accompanied by legal, social and technical assistance.