R2CITIES: Co-Financing issues in FP7 Smart Cities Projects · 24/10/2013 3 Type of funding scheme:...
Transcript of R2CITIES: Co-Financing issues in FP7 Smart Cities Projects · 24/10/2013 3 Type of funding scheme:...
R2CITIES: Co-Financing issues in FP7 Smart Cities Projects
Rubén García Pajares R2CITIES Project Co-ordinator
Fundación CARTIF October, 2013
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R2CITIES BRIEF OVERVIEW
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
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Type of funding scheme: Collaborative Project – Scale of Unit
Topics addressed: EEB.ENERGY.2012.8.8.3: “Demonstration of nearly Zero Energy Building Renovation for cities
and districts”
Technical Coordination Team: Rubén García, Sergio Sanz, Ali Vasallo, Ana Quijano, Ainhoa González
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
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Two parallel expected outcomes: Methodology / Demonstration
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
VALLADOLID, KARTAL and GENOA demo-sites
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[A]. Integrated and Systemic renovation of
Resisdential districts
[B]. Selection of Low Energy Techologies
and Solutions
[C]. Systemic and Integrated Strategy for NZE renovation
of districts
[D]. Execution, supervision of construction works and
monitoring and evaluation
[E]. Exploitation and market deployment
[F]. Awareness, dissemination and
training
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
PROJECT FIGURES
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Start Date: 1st July, 2013
End Date: 30th June, 2017
Coordination: CARTIF
Total Number of Partners: 16
Nationalities: 6
Budget: 14,861,750.85 €
Requested EC Funding: 9,011,330.87 €
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
EXPECTED SAVINGS
Total building Energy Demand: Expected reduction in Valladolid-Cuatro de Marzo: 61.41%
Expected reduction in Genova-Lavatrici: 51.05%
Expected reduction in Yakacik-Kartal(Istanbul): 63.66%
Average reduction: 60.71%
CO2 EMISSIONS 2,024.53 tons CO2 emissions avoided per year
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FP7 FINANCING SCHEMES
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
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(*)
(*): Smart Cities & Communities INFO-SESSION (DG ENER Brussels, 26 October 2012)
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(*)
(*): Smart Cities & Communities INFO-SESSION (DG ENER Brussels, 26 October 2012)
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- CONCERTO Ends
- PPP EeB ongoing projects
- EIP SC first call: end 2013
(*)
(*): Smart Cities & Communities INFO-SESSION (DG ENER Brussels, 26 October 2012)
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CO-FINANCING PROBLEMS: LESSONS LEARNT
CO-FINANCING OWNERSHIP TYPOLOGIES <-> BUSINESS MODELS
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Ownership
Private (Family ownership)
Direct Investments from Owners
Public + Private Investments
ESCO Model
Shared Investments (and Risks) Model (ESCO + Private Construction Company)
Private (Company)
Direct Investments from Company
Public + Private Investments
ESCO Model
Shared Investments (and Risks) Model (ESCO + Private Construction Company)
Public (Social Housing)
Public Investments
Public + Private Investments
CO-FINANCING OWNERSHIP TYPOLOGIES <-> BUSINESS MODELS
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Ownership
Private (Family ownership)
Direct Investments from Owners
ESCO Model
Private (Company)
Direct Investments from Company
ESCO Model
Shared Investments (and Risks) Model (ESCO + Private Construction Company)
Public (Social Housing)
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CASE STUDY 1:
Valladolid, Cuatro de Marzo district
Valladolid (SP): Cuatro de Marzo District
Total area: 81,000 m2 (at least 21,000 retrofitted)
Citizens involved: 550
• Estimated Energy saving: 61 %
• CO2 emissions avoided: 635 tons/yr
Energy efficient measures:
• Integrated ventilated façade
• Shading elements
• Solar thermal and PV
• Advanced control systems
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
CASE 1 (CALL 2012): Public Promoter + Private ownership. Families organized in Homeowners' Association or condominium owners' association
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Area of Intervention: 81,000 m2
R2CITIES renovation: 21,000 m2
-Public promotion
-Private Intervention
-Buildings split in Groupal Units
Investment:
-Public + Private investments
-Open to ESCO model
- Open to share benefits from EE measures
- Avoid excessive investments from owners
-SoU covers building related interventions
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CASE 1 (CALL 2012): Public Promoter + Private ownership. Families organized in Homeowners' Association or condominium owners' association
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
Area of Intervention: 81,000 m2
R2CITIES renovation: 21,000 m2
-Public promotion
-Private Intervention
-Buildings split in Groupal Units
Investment:
-Public + Private investments
-Open to ESCO model
- Open to share benefits from EE measures
- Avoid excessive investments from owners
-SoU covers building related interventions
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Genoa (IT): Lavatrici District
Total area of District: 64,000 m2
Area of Intervention: 18,000 m2 (160 dwellings)
Social housing district developed during 1980-1990
Citizens involved: 450-500
• Expected Energy saving: ± 50 %
• CO2 emissions avoided: ± 400-450 tons/yr
Energy efficient measures:
• Solar energy
• Natural ventilation
• Day natural light
• Insulation facade
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
CASE STUDY 2:
Genoa, Lavatrici Disctrict
CASE 2 (CALL 2012): 100% public Investment. Public Social Housing owned by Municipality
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Area of Intervention: 64,000 m2
R2CITIES renovation: 18,000 m2
-Social Housing
-Buildings in poor insulation conditions
-More ambitious interventions than “business
as usual” renovations
Full Public investment model:
- Avoid increase of rents
- Benefits: Tenants
CASE STUDY 3: Kartal-Istanbul, Yakacık District
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Kartal-Istanbul (TK): Yakacık District
Total area:18,813 m2 retrofitted
• Citizens involved: 900
• Expected Energy saving: 63 %
CO2 emissions avoided: 991.8 tons/yr
Energy efficient measures:
• Insulation improvement
• Efficient equipment-appliances
• Efficient lighting
• Renewable energies
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
CASE 3 (2013): Public Promoter + Reconversion of use of Elderly House
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Area of Intervention: 81,000 m2
R2CITIES renovation: 18,800 m2
- Huge Building + 2 additional residential blocks.
- Perfect idea of heterogeneous district
- Elderly building currently not used to be reconverted
for Social Housing.
100% Public investment
- Municipality: LT investment
- Tenants: Appropriate rents, comfort, etc.
- Open to ESCO model
- Open to share benefits from EE measures
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
CASE 4 (2013): Shared Risks private intervention + Private ownership (families organized in Homeowners' Association or condominium owners' association)
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Shared Risks
- Three pillars of intervention.
- Lack of insulation
- Renovated District Heating
- Smart Grid + CHP plant
- Full Private Shared Risks Model:
- ESCO model
- Construction Company
- LT Contract
- No necessary investments from apartment
owners
- Innovative financial scheme
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
CASE 4 (2013): Shared Risks private intervention + Private ownership (families organized in Homeowners' Association or condominium owners' association)
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Shared Risks
- Three pillars of intervention.
- Lack of insulation
- Renovated District Heating
- Smart Grid + CHP plant
- Full Private Shared Risks Model:
- ESCO model
- Construction Company
- LT Contract
- No necessary investments from apartment
owners
- Innovative financial scheme
CASE 4 (2013): Shared Risks private intervention + Private ownership (families organized in Homeowners' Association or condominium owners' association)
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Shared Risks
- Three pillars of intervention.
- Lack of insulation
- Renovated District Heating
- Smart Grid + CHP plant
- Full Private Shared Risks Model:
- ESCO model
- Construction Company
- LT Contract
- No necessary investments from apartment
owners
- Innovative financial scheme
CASE 5 (2013): Public Investment (Social Housing) + Utility Investment Tenants Rents + New detailed bills + Improve District Heating
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Public + Private Cooperation
- Buildings owned by Public Entity (Real Estate)
- Interventions aimed at district and city level:
- Retrofitting
- Smart Grids improvement
- RES contribution to existing DH
Public investment
• Private Investment (Utility)
• Private investments from tenants
• New billing practice
Energy savings Shared
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CASE 6 (2012): Public Promoter + Private ownership (Thermal Company) Municipality: New DH from Waste Heat Recovery
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Public + Private Cooperation
- Heterogeneous building typologies
- Public investment (DH Waste Heat
Recovery)
- Private investments from Thermal
Company
- Good example of synergies among
public and private partnerships
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CONCLUSIONS
R2CITIES: “Renovation of Residential urban spaces: Towards nearly zero energy CITIES”
CO-FINANCING PROBLEMS – NEW BUSINESS MODELS?
6 different experiences
• Key Factor: Who is the building owner? Who saves € from Savings?
• Private ownership: ESCO model + Construction Company. Shared Risks Model could be the most appropriate. Owners, ESCO and Construction Company shares the risks and benefits.
• Public ownership: Essential that Public Institutions are involved in the project. Open to ESCO Model: Interesting but probably difficult to be applied. ROI? from rents, savings, maintenance cost reduced…
• Reconversion of use from Tertiary building to Residential Important initial public investment. Generate new business. Reduce maintenance.
Cooperation, Replication, Market Deployment
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