Deadline: 19-Sep-2024
The European Commission is seeking applications for the Programme for Environment and Climate Action (LIFE) under the topic Project Development Assistance for Sustainable Energy Investments.
Objectives
- Project Development Assistance (PDA) offers technical assistance to public and private project developers to deliver energy efficiency and renewable energy investments of ambition and scale.
- The PDA topic aims to support project developers across Europe to deliver a highly ambitious sustainable energy project pipeline. Projects under this topic are expected to develop replicable solutions that are mobilising private capital, blending public with private financing, setting up long-term and scalable financial instruments and at the same time overcoming legal and structural barriers. Projects shall demonstrate an innovative approach, for example in advancing existing procurement procedures, in aggregating and structuring investment projects, in advancing market boundaries, improving organisational and regulatory structures or in achieving high levels of energy savings and ultimately decarbonisation.
- PDA projects contribute significantly to the European Green Deal goals and will help pave the way for a decarbonised and clean energy system. In the next years, PDA actions are expected to significantly contribute to accelerating the clean energy transition, as pointed out in the REPowerEU plan to phase out EU dependence on fossil fuel imports, and to contribute to the Green Deal Investment Plan, by stimulating market demand for Net-Zero technologies and assisting in their uptake. A range of very innovative solutions with regard to the financing and mobilisation of investments were demonstrated in past PDA projects (e.g. under Horizon 2020), which helped to shift market boundaries and demonstrate practical application of inspiring solutions. Examples include the development of a revolving loan fund combining European Regional Development Fund (ERDF) funding, low interest-loans and third-party financing through Energy Service Companies (ESCOs) to deeply refurbish hospitals in a region, the development of a forfaiting fund using private investments, or the development of sustainable public real estate management and subsequent energy efficiency investments in municipal assets. PDA projects can also help to implement investment concepts developed under the European City Facility.
- PDA projects are expected to mobilise private investments and increase costeffectiveness of national and Union public budgetary resources by developing readyto-finance and bankable projects.
Scope
- Project Development Assistance (PDA) will support project promoters in preparing and launching investment pipelines of sustainable energy projects. The call topic aims to build technical, economic and legal expertise of project promoters needed for the successful project development and implementation. Projects shall demonstrate their added value and lead to the launch of tangible sustainable energy investments within the project duration.
- Proposals for this topic can be submitted by public or private project promoters such as public authorities or their groupings, public/private infrastructure operators and bodies, energy agencies, energy service companies, retail chains, large property owners, services or industry.
- Proposals should demonstrate a clear showcase dimension in delivering replicable solutions for accelerating sustainable energy investments across Europe, as regards
- the organisational innovation for the mobilisation of the investment programme such as setting up project development units or establishing efficient procurement procedures for large-scale bundling and pooling of (mixed) assets; and/or
- financial engineering with a particular focus on leveraging enhanced levels of private investment and improved combination of existing funds. This could include Energy Performance Contracting, financial instruments, blended funds, innovative on-bill and on-tax payment schemes, community-based financing schemes, etc.
- Proposals should aim for high ambition levels of energy savings and decarbonisation, such as deep renovation, nearly zero-energy buildings (nZEB) or zero-emission building (ZEB) standards, incl. building-integrated renewables, positive energy buildings or districts and/or highly energy efficient infrastructure.
- Proposals could target sectors including:
- Buildings
- Existing residential buildings including large social housing operators or district-level renovation approaches.
- Existing non-residential buildings, such as public bodies’ buildings, hospitals, academies, defence facilities such as their offices, and commercial buildings.
- District Heating/Cooling networks
- Decarbonisation and modernisation of existing district heating/cooling networks, including the extension of existing networks provided that extended networks are fully based on low-temperature renewable energy or waste heat.
- Infrastructure
- Existing public infrastructure such as water/wastewater services or lighting.
- Businesses
- Improving energy efficiency of industry and services, including SMEs through, for example, market facilitators that are supporting investment projects.
- Renewables
- Renewable energy production from energy communities and other citizen-led initiatives.
- Mobility
- Clean and energy efficient urban transport infrastructure.
- Low emission urban mobility solutions including conversion of urban areas for soft mobility or non-motorised transport.
- Integration of smart recharging infrastructures in buildings, including in multifamily buildings.
- Buildings
Funding Information
- The available call budget is EUR 81 250 000.
- LIFE-2024-CET-PDA: EUR 6 000 000
Expected Impacts
- Proposals should present the concrete results which will be delivered by the activities, and demonstrate how these results will contribute to the topic-specific impacts. This demonstration should include a detailed analysis of the starting point and a set of well-substantiated assumptions and establish clear causality links between the results and the expected impacts.
- Proposals should result in the launch of an energy efficiency and/or renewable investment programme as well as the delivery of scalable financing solutions for sustainable energy investment projects with a particular emphasis on private sector funds. Proposals submitted under this topic should demonstrate that every million EUR of EU support will trigger at least EUR 15 million of investments in sustainable energy in the form of signed work contracts or investment contracts. In case projects address exclusively investments in residential buildings, the triggered investments should be at least EUR 10 million for every million EUR of EU support. Proposals should also contribute to increased skills and capacity to deliver further sustainable energy investments.
- Proposals should quantify their results and impacts using the indicators provided for the topic, when they are relevant for the proposed activities. They should also propose indicators which are specific to the proposed activities. Proposals are not expected to address all the listed impacts and indicators. The results and impacts should be quantified for the end of the project and for 5 years after the end of the project.
- The indicators for this topic include:
- Number of staff with increased skills within project promoter organisations. –
- Number of organisations with increased capacity to deliver investments and/or organisational structures.
- Number of jobs directly and indirectly created.
- All proposals submitted under this topic should also quantify their impacts related to the following common indicators for the LIFE Clean Energy Transition subprogramme:
- Primary energy savings triggered by the project in GWh/year.
- Final energy savings triggered by the project in GWh/year. – Renewable energy generation triggered by the project (in GWh/year).
- Reduction of greenhouse gases emissions (in tCO2-eq/year).
- Investments in sustainable energy (energy efficiency and renewable energy) triggered by the project (cumulative, in million Euro).
Eligibility Criteria
- In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
- be legal entities (public or private bodies)
- be established in one of the eligible countries, i.e.:
- EU Member States (including overseas countries and territories (OCTs))
- non-EU countries:
- listed EEA countries and countries associated to the LIFE Programme
- the coordinator must be established in an eligible country.
For more information, visit EC.