Twinning Project Project Number BG2004/IB/EY/01

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Twinning ProjectProject Number BG2004/IB/EY/01
Institutional Building at the Energy Efficiency
Agency (EEA)

• Financial Incentives
• Seminar
• 28th September 2007, SOFIA

Ing. Ricardo Silvoni
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Contents

• Task Financial incentives Main financial tools
• Backgroud
• Activity
• Results
• Task Financial incentives ESCO
• Backgroud
• Activity
• Results
• Task Agreement
• Backgroud
• Activity
• Results
• Main steps for the future

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Task Financial incentives Main financial
instruments

• Background
• EE is a priority and the first action are
  starting in Bulgarian
• Activity
• Analysis of Relevant Bulgarian legislation
• Survey on financial instruments actually in
  Bulgaria
• Collection of Italian experiences
• Comparison between Bulgarian needs and Italian
  best practices
• Results
• Final Report on financial instruments

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Task Financial incentives ESCO

• Background
• ESCO is the main partner to linked needs,
  solution and finance. At the monet the Bulgarian
  ESCO market is in the beginning.
• Activity
• Analysis of Relevant Bulgarian legislation
• Survey on actually in Bulgaria
• Collection of Italian experiences
• Comparison between Bulgarian needs and Italian
  best practices
• Results
• Final Report on financial instruments section
  ESCO

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Task Financial incentivesMain areas to be
developed

• EEA advice of the EE sistem
• EEA has to assume a significant role to provide
  assistance to the Municipalities to support the
  ESCOs and the relevant financial instruments
  linked to these Companies.(i.e EPC Contracts)
• EEA has to undertaken more functions in the phase
  of control and monitoring of the process to get
  the above indicative target for Energy Savings.
  In particular, the EEA could coordinate the
  measures implemented in the different energy
  consumption sectors and to control the activities
  of ESCOs through the relevant registration in the
  Agency
• ESCOs as subject to implement and to manage the
  EE interventions linked to the long term
  Bulgarian EE Strategy Program and the Three Years
  Action Plan to be issued in May 2007 by MEE/EEA,
  accordingly to the EU Directive 32/06.
• The Collaboration to EEA BG and SWERC as the ENEA
  and AEEG (Italian Authority for the Energy
  regulation) in order to developed the mechanisms
  as Italian mechanisms

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Task Financial incentives

• Instruments
• Application of contracts as EPC, TPF, BOOT.
• Guarantees form the Central Budget for the
  Municipalities to be involved in the EPC with the
  registered ESCO as contractual partner.
• Financial Yearly Law. Mechanisms including the
  taxes policy, subsidizations process and other
  financial incentives
• Participation also of BEEF BG as guarantee of the
  sustainable economic appeal of the projects
  introduced by the Municipalities/ESCOs with EPC
  Contracts.
• Market based instruments, in particular the White
  Certificates ?

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Task Financial incentives Agreement
Co-ordination with local energy efficiency
agencies and other institutions

• Background
• EEA ha
• Activity
• Contact with the key-players
• ABEA
• SOFENA
• Sofia Energy Center
• Plodvid Agency
• Drafting the agreement
• Signing
• Results
• An agreement signed with ABEA

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Task Financial incentives Agreement
Co-ordination with local energy efficiency
agencies and other institutions

• Main objectives
• To increase the relationship of the EEA and
  other institutions of the Government in energetic
  field in particular with ABEA and the other
  energetic local agencies of the type ONG.
• to work to propose to decentralize some functions
  of the EEA to develop the local level, rather the
  Regions and Municipalities
• develop a system of coordination among the EEA
  and the different institutions that are present
  in the territory of Bulgaria. To involve the
  National Bulgarian corporate body of the
  Municipalities, that represents all the
  Municipalities of Bulgaria and in this way could
  become the fittest channel to individualize an
  effective mechanism of support to the different
  problem list that have to resolve the
  Municipality in energetic sector

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Future steps ?

• Financial incentives and ESCO market
• Keeping E.S.Co. National Register assuring full
  accomplishment to standards.
• Certify saving performed by E.S.Co. (i.e. within
  White Certificates procedures) by verifying the
  correct application of the legislation and the
  quality of the interventions.
• Assure coordination and congruence to Government
  policy and targets and assure adequate technical
  support.
• Create the rules of the market to developed the
  mechanisms to incentive the EE system as White
  Certificate.
• Agreement
• The cooperation agreements between EEA and the
  institutions will stablish the joint procedures
  and methods to support the implementation EE and
  RES measures from national to regional and local
  level, including joint information campaigns and
  joint projects

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Italian EE sistem Effect of the implementation
of EE mechanism
Financial incentives and ESCO market
Italian Objectives 2005 2006 0,7
Mtoe Italian EE mechanism produced energy saving
in the end user 1,4 Mtoe (2005 2006) Mechanism
produce more of 85 fixed of the energy saving
(2005 2006)
2,9 Mtoe Energy Saving Objectives 2009
0,9 Mtoe Energy Saving 2006
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• Thank you for your attention
• Ing. Ricardo Silvoni
• Twinning Project Institutional Building at energy
  Efficiency Agency
• Energy Efficiency Agency
• to the Minister of Economy and energy
• Bulgaria
• 1000 Sofia
• 37, Ekzarh Jossif Str.
• tel/fax [phone]
• rsilvoni_at_acegas-aps.it