TrustEE – Innovative Market Based Trust for Energy Efficiency Investments in Industry

Duration: February 2016 - January 2019
Contracting Authority/ Sponsors: European Commission, H2020-EE-21-2015: Development and market roll-out of innovative energy services and financial schemes for sustainable energy, GA: 696140
Project Partners: AEE INTEC (Austria), REENAG Holding (Austria), Fraunhofer ISE (Germany), eceee (Sweden), AINIA (Spain) and the University of Evora (Portugal)
Website: www.trust-ee.eu
Project Focus:
Stationary and tracking solar collector technologies
© Fraunhofer ISE
Stationary and tracking solar collector technologies; one of the Renewable Heat supply technologies in different industrial branches supported through TrustEE.

The purpose of the EU-financed project TrustEE is to streamline financing of industrial projects that integrate renewable energy systems and energy efficiency measures (heat supply processes). Such projects are characterized by high technical quality and profitability, but are hindered by technical and credit risks. TrustEE partners will mitigate or eliminate such risks by securing special guarantees and insurance. Potential customers include equipment and technology suppliers, banks, contractors, industrial companies (end-users) or special project holding companies.

Based on our market and technical analysis, the greatest potential for energy efficiency measures and integration of renewable energy systems are in low and high temperature process heating operations (up to 400 °C). Target industries include, among others, the food and beverage industry, the chemical industry, surface treatment (metal and plastic), textile industry, automotive industry, wood processing, and pulp and paper.