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EEFIG

Working Group - Energy efficiency in industry

Timeline of WG activities

  1. July 15, 2020
    360-degree review of the entire sector to identify priority issues to be addressed
  2. October 1, 2020
    Thematic meeting on energy-intensive industries (EII)
  3. February 5, 2021
    Thematic meeting on opportunities for accelerating industrial energy efficiency investments in the context of the EU recovery
  4. May 5, 2021
    Thematic meeting on financing energy efficiency in industrial SMEs
  5. September 2021
    Thematic meeting on the role for financial institutions in financing industrial energy efficiency
  6. November 2021
    Thematic meeting on the multiple benefits of industrial energy efficiency
  7. January 2022
    Final Report

Emerging results

Energy Intensive Industries (EIIs) are increasingly looking at Paris alignment and deep decarbonisation through a combination of EE, RE, electrifications, new products, circular business models etc. To enable this, they seek partnerships with the EC and national governments on stable long-term policy frameworks, markets for new low carbon products, access infrastructure for RE, grants supporting technology innovation, and a levelled playing field for products with international.

For EII, partnerships and mutual commitments between governments and industries can create a framework for deep decarbonisation combined with long term competitiveness that facilitates access to long term commercial financing for green transition.

Small and Medium Enterprises (SMEs) investments in energy efficiency are hindered by non-technical barriers such as lack of time, lack of information, lack of trust in potential results, low energy costs, and lack of access to other finance than own equity. At the same time, they are often suppliers to large companies and therefore affected by the large companies’ decisions to extend GHG reporting and decarbonisation to scope 3 emissions in their supply chain.

For SMEs small investment size necessitates standardisation to bring the costs down and allow the aggregation that will attract standard lenders. Furthermore, credit risk on counterparts may require new business models and guarantee arrangements.

WG External Communications

External Final Report (to be published in January 2022)

Rod Janssen 

Rod Janssen

WG leader

Rod has worked in the field of energy efficiency and renewable energy for over 30 years.

 

Carsten Glenting

Carsten

WG co-leader

Carsten has 30 years’ experience in management consultancy, as CFO for an energy company, and as investment fund manager. He has extensive experience in energy efficiency and renewable energy.

Join EEFIG and engage

For more information about the Working Group, please contact rod.janssen@ee-ip.org

If you are interested into joining the EEFIG and engaging in WG activities, please apply for membership in the EEFIG