Particular projects

The first step is to describe the project with a clear objective. Which technologies for the use of renewable energies should be used? Should energy and CO2 be saved? How big should the project be? Should citizens and other stakeholders be involved in the implementation? What should their role be?

According to this target definition, a feasibility analysis should be carried out, including a rough planning of the plant and an estimation of the costs, as well as legal and environmental aspects. For the selection of financing instruments, we recommend to examine the following points:

  • Are subsidies that reduce the need for financing available?

  • Can and should the amount be financed from own resources or could a loan be taken?

  • Is a loan possible or desired, or does it increase the debt ratio (total debt/total assets) too much?

  • If variants are sought which do not increase the debt ratio but innovatively outsource the financing, then models such as leasing, contracting or bonds can be considered.

  • Is structure of financing balanced and sustainable?

  • Could / should citizens be involved in implementation and financing and which way?

It is recommended to outline different options and to assess the opportunities and risks. Experienced experts should be consulted. It is also advisable to look at successfully implemented examples and exchange experiences with those affected. Such an approach makes it possible to single out opportunities and possibilities, decide the direction and continue in developing a model.