Action plan & Financing

With the reference to priority areas identified in the previous chapter it is advisable to identify concrete energy efficiency activities and energy efficiency projects to be implemented according to the classification introduced in the Chapter 1.2a) of the BOOSTEE-CE comparative analysis:

  • EE services are the core activities which must be continuously provided to fulfil regional / local energy efficiency strategic objectives including development and maintaining of energy management, energy efficiency advice services provided, training and educational activities in the field of energy efficiency monitoring of implementation of energy efficiency policy etc.
  • EE Projects as short-term, self-contained activities that augment the EE services, boost the energy efficiency by reducing the amount of energy required to provide services and products.

This can’t be effectively done without analysing and revising the current regional / local situation as done by the BOOSTEE-CE partner in the Chapter 2.2 of the BOOSTEE-CE comparative analysis.

On the basis of the revision of the current situation it might come easier to establish the list of intended EE projects the region / municipality intends to implement and EE services it intends to provide as indicated by BOOSTEE-CE partners in the Chapter 2.4.4 of the BOOSTEE-CE comparative analysis.

Indicative costs calculation for the overall regional policy needs to be calculated in the terms of particular activities as indicated in the Chapter 2.2 of the BOOSTEE-CE comparative analysis as well as the overall sum as indicated in the  Chapter 2.4.2 of the BOOSTEE-CE comparative analysis.

Setting a balanced funding mix is another step that should be done when developing EE financial roadmap and it is an issue all municipalities and regions are facing with a growing urgency. This may be viewed from different perspectives, for example:

  • According to levels of restriction and the continuity and security of funds.
  • According to sources of financing


Regarding the level of restriction and security of funds a helpful guide may be defining them as suggested in the Chapter 1.2b) and 1.3 of the BOOSTEE-CE comparative analysisand explore the findings of the BOOSTEE-CE consortium described in the Chapter 2.3 of the BOOSTEE-CE comparative analysis- while regions are relying almost entirely on programme funding, municipalities are utilizing mainly core financing or project funding. The mutual share of the core financing and project funding at particular municipalities varies a lot which is depending mainly on actual external sources of funding available and it definitely will vary from year to year.


Regarding the sources of financing, both regions and municipalities are encouraged to diversify the sources of financing so that they were not dependent mostly only on the conventional ways of financing as stated in the Chapter 3.2 of this document but increase their portfolio also in alternative ways of financing as indicated in Chapters 3.3 – 3.8 of this document, namely:

  • Energy Performance Contracting
  • Citizen Cooperatives
  • Crowdfunding
  • Green municipal bonds
  • On-bill financing
  • Revolving loan funds