European funds and operational programmes
If available, European funds and national operational programmes are widely utilised which has a considerable effect on the whole financing of the EE projects. Undisputable advantage of these funds is the financial stability, certainty and relatively short payback period. However, when European funds and operational programmes form massively prevailing way of EE financing, the dependency on them can create potential problems in sustainability of EE policy after availability of these funds is diminishing.
BOOSTEE-CE consortium mapped and documented 2 best practices on EU and OP financing:
Geothermal energy utilization and public utility installation in Tamási, Hungary
The project is the example of the effective usage of own sources combined with the support from Operational Programmes. The aim of the project was to replace the gas heating of public institutions to geothermal heating. By exploiting geothermal energy, 60% of the natural gas consumption of local government institutions is saved, which means 16,000 GJ of heat each year. The overall investment costs were 4.635.917 EUR and the project was supported by the Operational Programme Environment and Energy.
Best practice Factsheet #3 to this investment project is available on BOOSTEE-CE OnePlace platform, in the section Financing Energy Efficiency and involves comprehensive information on state support details, OP funds details, measures implemented, barriers encountered, success factors, financial indicators, cash flow etc.
Case study of the waste incinerator upgrade in Uherské Hradiště hospital, the Czech Republic
This example is actually a case study of EE project with various scenarios with/without subsidy.The project should resolve the upgrade of the currently technically obsolete device of the hospital waste incinerator in the hospital area.
The incinerator will dispose the waste produced by the hospital as well as by other external sources of combustible waste. The supporting fuel is natural gas and this source will be preserved. There are two scenarios considered:
- scenario A with annual processing capacity of waste in amount of 500 t/year
- scenario B with annual processing capacity of waste in amount of 1.000 t/year
Both scenarios are analysed in two alternatives – with and without the support from Operational Programme Environment. Best practice Factsheet #1 to this case study is available on BOOSTEE-CE OnePlace platform, in the section Financing Energy Efficiency.