Ibec Energy Efficiency
Working Group - Agenda
4 July 2014, 10.30-12.30
84-86 Lr Baggot Street, Dublin
______
1) Energy Efficiency Fund, David Hourihane, Sustainable Development Capital LLP
Minister Pat Rabbitte recently launched the €70 million National Energy Efficiency Fund with Sustainable Development Capital. According to the press release to announce the launch of the fund, it “will act as a catalyst to develop energy efficiency projects…to enhance the level of finance available to support the clear energy and cost saving opportunity that exists for public and commercial sector organisations”.
This session will focus on the type of projects that are likely to leverage funding.
About SDCL: SDCL is a specialist financial and investment advisory firm, headquartered in London and with offices in Dublin, New York and Hong Kong. SDCL, in conjunction with London & Regional Properties, will provide matched funding alongside Minister Rabbitte’s commitment to grow the fund to at least €70 million.
SDCL will, subject to finalisation of terms, act as fund manager for the Energy Efficiency Fund. The company also manages a similar energy efficiency fund in the UK, launched with a cornerstone commitment from the UK Green Investment Bank.
2) EU update – review of the EED and 2030
The European Commission is set to publish its assessment of the EU’s energy efficiency 2020 goals. This session will focus on the Commission’s review of the EED and the ambition in the context of the 2030 communication.
3) Discussion: A Green paper on Energy Policy in Ireland
This green paper invites views from stakeholders to ensure plentiful, affordable energy supply balanced with environmental considerations.
During this working group meeting discussion, we will focus on energy efficiency policies, and ask members of the Working Group to consider in advance of the meeting:
1) Are the priority areas the correct ones, and if not where should focus be in terms of improving energy efficiency of business?
2) What changes to regulation (less or more) are required to assist in meeting energy efficiency and CHP targets?
3) What actions / initiatives should be included in the policy paper to address energy costs?
4) Which financing initiatives should be considered?
5) Are there best practices for energy efficiency / CHP that Ireland should follow?
6) Any other specific policy measures that could enhance energy efficiency?
Priority 5 of the Green Paper “Putting the Energy System on a Sustainable Pathway” focuses on energy efficiency (pages 55-64).
Registered attendees:
Cormac Mannion Energia
Mark Coyne Dalkia
John Walsh Tesco
Ronan Geraghty Calor
Des Connolly Gemserv
Mark Keogh Schneider Electric Ireland
Domhnall Carroll Siemens
John Curley Clarke Energy Ireland Limited
John Hartnett Kepak
David Hourihane Sustainable Development Capital EE CO (Ireland)
Catherine Joyce-O'Caollai Ibec