BundleUP Joint procurement for energy efficiency in public ...
Transcript of BundleUP Joint procurement for energy efficiency in public ...
BundleUPJoint procurement for energy efficiency in
public buildings and street lighting
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WHO
BundleUp is an Horizon 2020 project with only Portuguese participants
“Development of energy eficiency projectswith bankability requirements”
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GoParity is an online P2P impact investing platform that connects citizens to sustainability projectswith as little as 20€.
CREATINGIMPACTWITH RETURN
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BusinessModel
INVESTORS
NO FEES
PROJECTS
UPFRONT FEE+
ONGOING FEE
LOAN
CAPITAL AND INTEREST
4% TO 6% PER YEAR
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WHERE WE ARE
>2000users
>1M €transactions
16 projectsfunded
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FUNDINGHard to find funding through
traditional means
SCALEMany projects are too small to attract professional investors
BUREAUCRACYRestrictive procedures make the
process costly and time-consuming
WHY
Several projects with great potential for savings and economic viability do not reach the implementation stage
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PROJECTS
Consumption equivalent to 150 GWH/year
M€ OF FUNDING
Average Payback of 5,7 years
CITIES
Which account to more than 20% of portuguese population
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STARTING POINT
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• PML 1 – Potential project identified
(building or infrastructure apparently suitable for energy efficiency or RES intervention)
• PML 2 – RES and/or Efficiency potential quantified
(via audit, study or certification)
• PML 3 – Investment estimated and business model chosen
• PML 4 – Technical project developed
• PML 5 – Investment-Ready
(Business case confirmed)
• PML 6 – Investment offer or tendering requirements created
(ready to sign or launch tender)
PROJECT MATURITY LEVEL
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METHODOLOGY
Potential assessment and budget estimation
Business and financing models assessment
Support in obtaining technical and economic-financial proposals
Contracting and funding support
Investment forms• Own Equity/Capitals• Loan• External Investor (off-balance sheet)
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PROMOTERS
Private or Public Organizationswith energy efficiency projects
EXPERTS
Energy efficiency or renewable energy services companies
INVESTORS
Financial institutions, funds, private investors or family offices
One-stop-shop: a place where all stakeholders can make their energy efficiency projects happen
VALUE PROPOSITION
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LOANS
“OFF-BALANCE SHEET”
EXTERNAL INVESTORS
INVESTMENT FROM THE PROMOTER
OWN FUNDS
DEBT
INVESTMENT TYPES/FORMS
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• Installment payment agreements
• “Group of contracting entities”
• Standard contracts for EE in public administraiton (”EcoAP”)
• Aquisition of energy efficiency services/equipment
LEGAL FRAMEWORK
Providing contracting support is a vital part of BundleUp activities, which counts with SRS Layers for thelegal framework definition. At this moment, there are four general solutions identified, even thoughsome projects could have other approaches:
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CURRENT PIPELINE
Funding and Energy| All BundleUp projects identified
PARTNER INVESTMENT Yearly Savings (GWh/year)
Yearly Savings (€/year)
Energy EfficiencyInvestment
Savings GWh(EE+PV)
PV Investment
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WHERE WE ARE
• Beta-version platform
• Legal framework
• Project harmonization (batch 1)
• Investor meetings (15 concluded)
• Tendering templates
FIRST PROJECTS COMING TO LIFE!
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Energy Savings
143,81 GWh/year
= =
3 617 861 trips from Lisbon to
Oporto per year
Equivalent to
planting 3 379 535 trees per year
=
67 590 Ton C02 per year
Convertions rates from DGEG, Pordata and VW Portugal
PROJECT IMPACT
If all BundleUp pipeline projects were successfully implemented
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AdEPorto - Agência de Energia do Porto, a non profit
organization, was founded by the Municipality of Porto in 2007.
Presently it aggregates 9 municipalities of Porto Metropolitan
Area – North of Douro River.
Also holds 21 other associate member institutions, both private
and public, ranging different activities: energy, water, R&D,
professional associations, and academia.
AdEPorto
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POPULATION > 1 MILHÃO (10% PT)TERRITORY > 800 km2 (1% PT)ELECT. USE 2016 = 5.378 GWh (11% PT)
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PORTO MUNICIPALITY
• Population:237 591 hab• Area: 41,42 km2
• Density: 5 736 hab/km2
(PT: 115 hab/km2)
• World Heritage Historic Centre
• Best European Destination:2012, 2014 and 2017
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➢ Covenant of Mayors Signatory:
• First approved Portuguese SEAP (2011);
• 45% CO2 reduction Target (2020);
• Municipal Council decided for joining the
Covenant of Mayors for Climate and Energy;
• Renewed target of 50% CO2 reduction (2030)
and adaptation strategy.
PORTO MUNICIPALITY
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PORTO MUNICIPALITY
➢ (A few) Project Highlights:
• PV Porto (1st Phase): 1MWp decentralized PV
• Public Lighting: Full LED system
• Municipal Fleet:100% EV goal (≈300 vehicles)
• Public transportation: New electric buses until 2020
• Social Housing: Deep renovation + RES
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PV PORTO
• Decentralized System;
• Renewable electricity;
• Available Municipal buildings:
o Schools, services, sports, cultural...
o Different voltage levels (MV and LV)
o Energy use mainly in daytime hours
• EV charging + Storage pilots;
1st Phase target: 1MWp
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PV PORTO – INSTALLATION EXAMPLECENTRAL MAINTENANCE BUILDING
Power to Install 210 kWp
Investment 178 500 €
Annual Income 37 718€
Payback 5,0 years
Generated Energy 308 250 kWh
Grid Injection Approx. 0%
Avoided CO2/year] 111 ton
CAR PARKING BUILDUING
Power to Install 82 kWp
Investment 98 400 €
Annual Income 17 980€
Payback 5,7 years
Generated Energy 106 108 kWh
Grid Injection Approx. 0%
Avoided CO2/year] 38 ton
• 60 EV Chargers• Charge Management Control
• 45 EV Chargers• Charge Management Control
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PV PORTO - 1st PHASEBuildings 34
Power to Install 1 013 kWp
Investment 933 850 €
Annual Maintenance 10 130 €
Annual Income 183 458 €
Payback 5,2 years
Generated Energy 1 476 650 kWh
Grid Injection 16%
Avoided CO2/year 531 ton
• Clean electricity;
• Reducing CO2 emissions;
• Raising awareness;
• Lower energy costs;
• Gamification on Schools;
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PV PORTO – NEXT STEPS
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• On-site validation of power plant installation potential;
• Electrical infrastructure sizing;
• Existing structural elements load bearing characteristics;
• Evaluate EV chargers interconnection;
• Evaluate local storage possibilities;
• Final PV system dimensioning, cost and tenders;
Initial Studies
On-site Evaluation
Final design and
tendering Public Procuremen
tDeployment
Mar/2019 Apr/2019 Aug/2019 Nov/2019
2st Phase target: + 2MWp (2020)
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PV PORTO AND BUNDLE UP (PONTO ENERGIA)
• Support from peers and partners;
• Identifying bundling and market opportunities;
• Identifying potential market players;
• Proposing alternative financing schemes;
• Technical/Legal support;
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THANK YOU
N U N O B J @ G O P A R I T Y . C O M
R U I P I M E N T A @ A D E P O R T O . E U
W W W . P O N T O E N E R G I A . P T / / W W W . B U N D L E U P . E U