🌍 Lessons from the Field: Scaling the SER Hub Model Across Europe What happens when you take a successful energy efficiency model from Italy and try to replicate it in four very different countries—Germany, Poland, Slovakia, and the Czech Republic? You uncover not only challenges but also game-changing opportunities. In this final installment of our SER Series, we share the key lessons learned from adapting the SER Hub model across Europe. Each country’s unique policies, market dynamics, and governance structures shaped the way energy efficiency could be implemented in social service buildings. Here’s what we found: 🇩🇪 Germany – A strong legislative framework and a professionalized nonprofit sector, led by Caritas and Diakonie, make Germany an ideal candidate for large-scale energy efficiency adoption. Financial aid programs like the BEG further facilitate building renovations. 🔹 Key Insight: Energy-efficient renovations need to be a governance priority, especially in healthcare. 🇨🇿 Czech Republic – Hospitals and schools present huge opportunities, and new energy-sharing legislation supports community-based renewable solutions. However, decentralized governance complicates coordination. 🔹 Key Insight: Tailored strategies can bridge gaps and unlock collective energy transition initiatives. 🇸🇰 Slovakia – With centralized governance, Slovakia is well-positioned for coordinated energy efficiency efforts. ESG investments and one-stop-shop initiatives point toward a promising future. 🔹 Key Insight: Blended financing—combining loans and grants—is essential for scaling renovation projects, particularly in accommodation-type public buildings. 🇵🇱 Poland – Strong institutions like KAPE and NFOSIGW create a solid foundation for integrating SER-like models into national policy. However, a lack of intermediaries makes financing more complex. 🔹 Key Insight: Risk-sharing instruments can mobilize private investment and mitigate high-risk perceptions among financial institutions. Key Takeaways These experiences reaffirm the adaptability and scalability of the SER Hub model. From legislative support to innovative financing mechanisms, each country offered unique lessons—but one truth remained constant: local context is everything. At Econoler, we’re committed to turning insights into action. The partnerships formed and knowledge gained will guide us as we continue driving energy efficiency solutions that make a lasting impact. 📢 We’d love to hear from you: What’s the biggest challenge or opportunity you see in scaling energy efficiency for social service buildings? Let’s keep the conversation going.
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Tomorrow, our CEO Paul Peters speaks at The Economist Progress 2030 Summit in Melbourne, joining Steven Skala, AO from Clean Energy Finance Corporation for a discussion on “De-risking the future: unlocking Australia’s green capital for global impact.” Paul will share how the ESC is using catalytic investment to unlock firming and storage projects, ensuring NSW can decarbonise while keeping the system reliable. #EconProgress2030 #ESC #EnergyTransition #FirmingTheFuture #NSWEnergy #GreenCapital
I'm looking forward to speaking at Economist Impact Progress 2030 Summit in Melbourne tomorrow. I'll be joining Clean Energy Finance Corporation's Chairman Steven Skala, AO, in conversation with Charles Goddard, for a discussion on “De-risking the future: unlocking Australia’s green capital for global impact.” At the Energy Security Corporation, our focus is catalytic investment that helps unlock storage and firming projects at the pace the transition demands. By working alongside private capital, we can accelerate deployment, bring projects to financial close sooner, and help deliver the infrastructure NSW needs to transition reliably and at pace. Thanks to The Economist for bringing together such an important conversation. If you’ll be there, I look forward to connecting. #EconProgress2030 #ESC #EnergyTransition #FirmingTheFuture #EnergyStorage #NSWEnergy #GreenCapital
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💡 Financing Decarbonization for a Sustainable Future We live in a time of profound global transformation. To secure a sustainable future, we must: • Rapidly expand clean energy tech. • Dramatically reduce fossil fuel reliance. • Mobilize finance at scale to make decarbonization not just technically possible, but commercially viable. ⚖️ The Foundational Challenge: Revenue for Decarbonization Unlike toll roads or airports, decarbonization projects face a unique hurdle: • CO₂ is a waste product with no inherent price. • Capturing or reducing emissions doesn’t automatically create revenue. • Private financiers (esp banks) demand repayment certainty & clear ROI — which is often absent. 🔑 The solution lies in two mechanisms: • Govt support (early stage): Grants + subsidies to kickstart projects. • Carbon pricing (LT): Making it economically advantageous to cut emissions. 🏗️ Proven Financial Models for Decarbonization We don’t need to reinvent the wheel — finance can borrow from other sectors: 1️⃣ Contracts for Difference (CfDs) • Mechanism: Guarantees a fixed price, ensuring investor returns and bank repayment. • Proven Success: Enabled wind & solar to scale — costs fell >75%, now cheaper than fossil fuels. • Application: Applied to carbon capture → emitters can focus on capture “up to the facility gate.” 2️⃣ Regulated Asset Base (RAB) Model • Mechanism: Used in UK utilities (power, water, telecoms). Provides low cost of capital + regulator oversight. • Application: Perfect for carbon transport & storage (T&S) — often monopolistic, incremental assets. 3️⃣ Negative Emissions Market • Concept: Capturing CO₂ from the atmosphere (BECCS, DAC). • Monetary Value: Already selling for $600/ton in US projects. • Market Potential: A trillion-dollar early-stage industry, reducing need for government subsidies over time. 🤝 The Imperative of Public–Private Collaboration Decarbonization is too big for either govt or private actors alone. • Private sector strengths: Engineering, delivery, cost control. • Govt strengths: Creating certainty over revenue, de-risking investment. 🔄 Dynamic roles over time: • Early stage: Heavy govt grants + guarantees. • Mature stage: Market-driven with private capital dominance. Cross-chain risk is key: emitter capture, pipelines & storage are interdependent. 👉 Without govt guarantees, a failure in one link jeopardizes all others. 📌 Example: The UK committed £22B to support its first two CCS clusters, unlocking private investment. 🚛 Scaling Decarbonization Infrastructure Pipelines (initial focus): • Concentrated industrial clusters near geological storage. • High upfront cost, but cheaper per unit as they fill up. Non-Pipeline Solutions (future focus): • Rail or shipping CO₂ from dispersed emitters. • Lower upfront costs, incremental build-out. • Critical for broad, nationwide decarbonization. Strategic priority: Govts should fund “enabling infrastructure” (ports, hubs, terminals) — not one-off projects. CONT'D IN COMMENTS
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Today the Energy Efficiency Council has backed in Australia adopting an ambitious 2035 emissions reduction target of 75% on 2005 levels by 2035. EEC Head of Policy Jeremy Sung and I chat about the why below, but TL;DR: Setting an ambitious target is the first step to accelerating emissions reduction in homes, businesses and our energy system, and securing the global partnerships and investment Australia needs to play its full role in a prosperous, global, net zero economy. We're making this announcement as part of #BusinessFor75, a coalition of businesses calling for a target of at least 75% by 2035. You can bring your organisation on board at businessfor75.com.au
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In this weeks's SIM-PAC Live News round-up: (13mins) - Australia’s largest battery switched on in Collie, WA - The home battery boom smashes past 40,000 installs in 40 days - Brisbane battery innovator Vaulta signs U.S. deal that hopes to deploy 5 gigawatt-hours of modular, recyclable batteries. -South Australia’s Emeroo Battery gets first approval under new renewables law. -NSW’s Waratah Super Battery breaks records again — discharging at over 700 megawatts. -Victoria’s biggest ever synchronous condenser nears completion, unlocking 600 MW of wind and solar. - Smart Commercial Solar launches a free battery calculator to help businesses size and price storage - Tasmania’s Westbury BioHub secures funding to turn waste into renewable gas. Optimal Group Craig Dugan - HAMR Energy advances its Portland Renewable Fuels Project — 300,000 tonnes of green methanol for aviation and shipping. - NSW mine goes off-grid with solar and storage, slashing diesel use. - Fortescue calms investor fears over ‘decarbonisation’ inflation — says falling clean-tech costs are offsetting its Real Zero push. - Australia’s First Solar Wafer Factory Planned in Townsville - Will Australia’s apprentice shortage threaten the energy transition? - Big business backs a 75% emissions cut by 2035 — Deloitte says it could boost GDP by $370 billion.” - BDO survey finds natural resources boards are still under-resourcing ESG teams, despite looming mandatory climate disclosures. - Adelaide-based consultancy 2XE has wrapped up a ground-breaking program with the NSW Government Nick Palousis - Graphene Manufacturing Group Ltd has successfully upsized its public offering. Don't forget to subscribe: https://lnkd.in/gGQrCTtb
SIM-PAC Live News is a weekly news show covering Australia’s transition to a sustainable economy.
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The last major change in energy use provided a huge boost to the innovation and technology and greatly enhanced the economy. The conversion to green energy, through much kicking and screaming of legacy providers, will eventual free up resources, reduce costs and impact how we do business. We just need the courage to push forward. Meanwhile, we have to deal with rising costs that impact the region. https://lnkd.in/eiHFnt7V
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Fostering Effective Energy Transition 2025 is here! The World Economic Forum’s latest report shows a 1.1% global gain in the Energy Transition Index—the fastest since pre-COVID. Among 118 countries, Switzerland ranks 5th with an impressive score of 71.0, demonstrating strong performance in energy equity, sustainability, and readiness for transformation. This achievement underscores Switzerland’s unwavering commitment to sustainable, secure, and inclusive energy—offering a model for others to follow. Let’s continue accelerating the clean energy transition together. #EnergyTransition #Sustainability #Switzerland
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Fingal LEO is committed to helping local businesses thrive sustainably. We're proud to offer the Energy Efficiency Grant, which provides a significant boost for enterprises looking to invest in greener technologies. If your business has had a Green for Business, Green Start Report, or an SEAI Energy Audit, you could be eligible for a grant of up to €10,000. This funding covers 75% of eligible costs and is designed to make your business more agile and resilient in the long run. Ready to make a positive change? Learn more and apply for the Energy Efficiency Grant on our website: https://lnkd.in/eaR3tDdV #FingalLEO #EnergyGrant #Sustainability #GreenBusiness #SupportLocal #EnterpriseIreland #SmallBusiness
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Fingal LEO is committed to helping local businesses thrive sustainably. We're proud to offer the Energy Efficiency Grant, which provides a significant boost for enterprises looking to invest in greener technologies. If your business has had a Green for Business, Green Start Report, or an SEAI Energy Audit, you could be eligible for a grant of up to €10,000. This funding covers 75% of eligible costs and is designed to make your business more agile and resilient in the long run. Ready to make a positive change? Learn more and apply for the Energy Efficiency Grant on our website: https://lnkd.in/eaR3tDdV #FingalLEO #EnergyGrant #Sustainability #GreenBusiness #SupportLocal #EnterpriseIreland #SmallBusiness
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Fingal LEO is committed to helping local businesses thrive sustainably. We're proud to offer the Energy Efficiency Grant, which provides a significant boost for enterprises looking to invest in greener technologies. If your business has had a Green for Business, Green Start Report, or an SEAI Energy Audit, you could be eligible for a grant of up to €10,000. This funding covers 75% of eligible costs and is designed to make your business more agile and resilient in the long run. Ready to make a positive change? Learn more and apply for the Energy Efficiency Grant on our website: https://lnkd.in/eaR3tDdV #FingalLEO #EnergyGrant #Sustainability #GreenBusiness #SupportLocal #EnterpriseIreland #SmallBusiness
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Fingal LEO is committed to helping local businesses thrive sustainably. We're proud to offer the Energy Efficiency Grant, which provides a significant boost for enterprises looking to invest in greener technologies. If your business has had a Green for Business, Green Start Report, or an SEAI Energy Audit, you could be eligible for a grant of up to €10,000. This funding covers 75% of eligible costs and is designed to make your business more agile and resilient in the long run. Ready to make a positive change? Learn more and apply for the Energy Efficiency Grant on our website: https://lnkd.in/eaR3tDdV #FingalLEO #EnergyGrant #Sustainability #GreenBusiness #SupportLocal #EnterpriseIreland #SmallBusiness
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