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INNOVATIVE FINANCING OF ENERGY EFFICIENCY RETROFITS. Triona Casey

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1st Thematic Seminar on Sustainable Energy Systems in Municipal Authorities and on Innovative Financing Tools. STEP PROJECT INTERREG IVC. Helsinki

Published in: Environment, Technology, Business
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INNOVATIVE FINANCING OF ENERGY EFFICIENCY RETROFITS. Triona Casey

  1. 1. Innovative financing of Energy Efficiency Retrofits Midland Regional Authority
  2. 2. The Mission • Our goal is to empower each Midlands local authority to achieve a 33% saving in energy use by 2020 – “The public sector will improve its energy efficiency by 33% and will be seen to lead by example – showing all sectors what is possible through strong, committed action” (NEEAP) Midland Regional Authority Midland Energy Agency Laois Offaly Longford Westmeath
  3. 3. What is The Problem? • Local Authorities represent more than 25% (€120M) of the Public Sector Energy Spend • Water Services ≡ 53% of total energy • Reduced Capital Investment • Limited grant assistance • Reduced Operations budgets 2012 2013 2014 2015 2016 Total 371 329 296 296 296 275 295 315 335 355 375 395 Water Services Investment €M 53% 30% 17% Public Sector Energy Spend CCMA 2012 Water Services Public Lighting Other
  4. 4. Where to start ?
  5. 5. How does my pump system perform ?
  6. 6. Procuring the replacement pump
  7. 7. What is the Good Practice (GP) ? • The GP Framework comprises… – Benchmark tool – Training – Community – Business case – Rapid Procurement tools
  8. 8. What are the Results of the Good Practice (GP)? • Energy Performance Certs • Over 300 trained engineers • Online Community of Practices (with SEAI) • Business Case for pump replacement • Reduced Energy costs • Significant Energy savings of over 800MWh per annum in MRA region
  9. 9. Benchmarking our GP • Potential (21M, 139GWh, by 2020) • Scalable • Transferable • Strengths/Weaknesses

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