Citation:Doukas, Η. (2018). On the appraisal of “Triple-A” energy efficiency investments, Energy Sources, Part B: Economics, Planning, and Policy, DOI: 10.1080/15567249.2018.1494763.
Description:Traditional investment institutions lack the technical understanding of the essence of energy efficiency investments. This often creates a lack of trust to such investments, which acts as a barrier to including energy efficiency projects in the investment portfolio, even though such investments are often robust and have a guaranteed return. Mainstreaming energy efficiency finance remains still a challenge. This paper proposes a decision support framework for identifying “Triple-A” energy efficiency investments, aiming to reduce the respective time and effort required at the early stage of the project conceptualization as well as increase transparency and efficiency of decision making. The “Triple-A” investments are the ones that successfully pass the proposed three-step approach, namely Assess – Agree – Assign. By elaborating a meta-analysis on the De-risking Energy Efficiency Platform available data, first insights from the adoption of such an approach are derived. Moreover, future directions are presented and discussed.
Citation:Charikleia Karakosta, Aikaterini Papapostolou, George Vasileiou and John Psarras (2020). Financial schemes for energy efficiency projects: lessons learnt from in-country demonstrations. In: David Borge-Diez and Enrique Rosales-Asensio (Eds.), Energy Services Fundamentals and Financing., USA: Academic Press, Elsevier, ISBN: 9780128205921, In Press.
Description:Traditional investment institutions face a lack of understanding regarding the technical aspects of energy efficiency investments. Indeed, due to the heterogeneity of such investments and to the immaturity of the market the entry into this business is unattractive for many financial institutions, although energy efficiency projects can often present a guaranteed return. The aim of this paper is to propose a methodological framework on energy efficiency investments and robust financing programs/models in targeted case study countries that will act as first-of-a-kind demonstration for the banks, institutional investors and asset managers, with the use of approaches based on knowledge transfer and capacity building among key actors. The experience gathered from in-country demonstration will also facilitate and accelerate the replicability, while findings could then be used to lead to concrete recommendations towards a successfully energy efficiency financing.