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Energy Performance Contracts in Piemonte (EPC)
Published on 05 July 2021
Italy
Piemonte
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About this good practice
Several initiatives promoting Public Private Partnership have been launched by Piedmont Region with the aim at mobilizing private investments by using Energy Performance Contracts (EPC). Such contracts have been implemented in several different projects in the last few years in Piemonte Region. Some of the most important examples have been coordinated and promoted by the Region itself in the framework of EU projects. Those initiatives followed the bundling and pooling approach leading to the launch of joint tender procedures involving several buildings belonging to several Local Authorities. The implementation of the EPC Investment Plan follows three main steps:
1.Energy Audit and financial assessment; 2. Tendering process (joint procurement); 3. Operational phase. The latter includes the Investment implementation, the Maintenance services delivery and the Measurement and verification procedure.
One successful example of EPC has been implemented in the framework of 2020Together project with an amount of 2.5 M€ of investment in energy efficiency, involving 5 municipalities and 18 public buildings with an average energy saving of 60%. Similar projects have been implemented in the Stepping project, co-funded by Interreg MED program.
1.Energy Audit and financial assessment; 2. Tendering process (joint procurement); 3. Operational phase. The latter includes the Investment implementation, the Maintenance services delivery and the Measurement and verification procedure.
One successful example of EPC has been implemented in the framework of 2020Together project with an amount of 2.5 M€ of investment in energy efficiency, involving 5 municipalities and 18 public buildings with an average energy saving of 60%. Similar projects have been implemented in the Stepping project, co-funded by Interreg MED program.
Resources needed
Total Investments of 10 M€
Evidence of success
• Energy Renovation of 42 public buildings coupled with energy supply .
• Average energy savings ranging from 35% to 60%.
• Average energy savings ranging from 35% to 60%.
Potential for learning or transfer
• The aggregation of demand with a bundling approach and the relative workload is essential to reach economy of scales and project investment pipeline of interest for the market.
• The blending of traditional financial mechanism (such as grants) with EPC can be a valuable solution in order to increase the leverage factor of the investments supported with public money.
• Third Party Financing and EPC can be a solution but their feasibility must be adequately assessed on a case by case basis.
• EPC can provide benefits for the Public Administration not only to be considered from a financial point of view.
• The blending of traditional financial mechanism (such as grants) with EPC can be a valuable solution in order to increase the leverage factor of the investments supported with public money.
• Third Party Financing and EPC can be a solution but their feasibility must be adequately assessed on a case by case basis.
• EPC can provide benefits for the Public Administration not only to be considered from a financial point of view.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
Piemonte Region
Italy
Piemonte
Contact