On the 7th-8th of October 2019 in Brussels, the EU funded project “New Energy Solutions Optimised for Islands” (NESOI) was kickstarted by a team of experts in island energy transition and financial instruments.
NESOI aims at unlocking the potential of EU islands to become the locomotives of European Energy Transition, mainstreaming green energy investments to an audience of 2.400 inhabited EU islands and giving the opportunity to test there innovative energy technologies and approaches in a cost-competitive way.
The NESOI Facility will work in strict contact with the Clean Energy for EU Islands Secretariat bringing it one step forward by providing to islands training, technical support, cooperation opportunities and robust funding opportunities to concretely convert Island Sustainable Energy Action Plans into Renewable Energy Sources (RES) plants, building and energy infrastructure retrofitting, energy bills reduction, local job creation, etc.
Together with R2M Solution, an the interdisciplinary group of experienced partners including analytic and financial specialists, technical, legal and procedural experts as well as consultants on environmental and social issues have joined forces, they are: RINA, Zabala Innovation Consulting, S.A., Instituto Universitario de Investigación Mixto CIRCE – Universidad de Zaragoza, Centre for Research & Technology Hellas (CERTH), E.ON, Wolf Theiss, Deloitte and Hellenic Association For Energy Economics (HAEE).
This group aims at helping island communities achieve more efficient and sustainable energy solutions, in line with the EU’s clean energy priorities, through the funding, supporting and monitoring of energy projects led by local authorities and island energy communities.
From ideas to action: To achieve this, NESOI will build a digital and physical platform able not only to provide first-step funding for islands energy transitions plans but also a one-stop-shop for islands where to find ideas and effective organizational, technical and financial instruments for the whole value chain of projects.
Through its platform, NESOI aims at mobilizing more than 100 M€ of investment in sustainable energy by 2023, leading to an expected 440 GWh/year primary energy savings.