Financial Sustainability and Cost Effectiveness of Policies in the Context of Article 7 EED – Article 7 and MRV – Requirements and Best Practice
Topics described in this report were chosen based on gaps and needs analyses conducted under the ENSMOV project through survey and desk research. This report focuses on financial topics from the perspective of policy design/redesign ranked very high in terms of their priority by the stakeholders, such as Ensuring the sustainability of the EEO scheme/alternative measure(s) in terms of re-financing (e.g., through cost recovery for obligated parties), Designing the policies in order to minimise the costs for all parties involved and more.
The suggestions and comments included in the survey were also considered to prepare the report. Those included the need for information about:
- Green finance instruments to leverage energy efficiency investments
- Mobilisation of new financial instruments through funds and re-financing tools
- Examples in relation to accessing and managing EU funding
- Cost paid by the citizen (price of energy)
- Cost effectiveness of alternative measures
- In-depth analysis on design and structural elements of policies (in the context of financial aspects)
Authors: Wojciech Stańczyk, Arkadiusz Węglarz, Justyna Ślusarczyk, Krajowa Agencja Poszanowania Energii (KAPE)
Parameters for Monitoring, Reporting and Verification of Article 7 Energy Efficiency Directive
This report offers an overview of the most important parameters, terms, and concepts that are relevant for monitoring, reporting and verification procedures for Article 7 EED.
Authors: Elisabeth Böck and Christoph Ploiner, Austrian Energy Agency
Cost Effectiveness for Monitoring, Reporting and Verification (Article 7 EED)
Although MRV costs should normally be low relative to the monetary value of the savings being evaluated, they can play a role in the overall costs of a scheme. Decisions on MRV need to be shaped by the balance between the value added of additional monitoring and the resulting higher robustness of energy savings. Thus, there is no golden rule of how a MRV system has to be designed to be cost-effective. However, there are important drivers for MRV costs that policy makers have to take into consideration. The following report looks at these drivers and discusses the main ways that can reduce those costs and, thus, render MRV more cost-effective.
Authors: Gregor Thenius and Bettina Reidlinger, Austrian Energy Agency