Enabling energy services for SEAP development

Cleopatra Hotel
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Target audience

Key target groups for this workshop are leaders & decision makers in public sector energy use; local authority and energy agency promoters, public and private sector energy managers.

Overview

ESCO and EPC are hot topics in Cyprus, judging by the number of applicants for places at the recent ManagEnergy capacity building workshop in Nicosia. Final selection of twenty five participants was made by the local partner Cyprus Energy Agency, and an excellent balance of all players was achieved, with technical staff from seven municipalities, a number of engineering consultancies, the national utility, two ministries and other public bodies.

Draft legislation is underway in Cyprus to regulate the provision of energy services. Drivers towards an ESCO market in Cyprus are the high energy intensity and high price of oil; interest rates and availability of funding are key to success. In terms of sectoral energy consumption, the biggest challenge is in the transport sector. There is much potential in buildings – historically, there has been a lack of regulation in building standards, with the first energy conservation in buildings regulation coming into force in 2007. There is no comprehensive data source on the national building stock.

Threats to security of supply in Cyprus run high with 96% dependence on imported energy, acute economic recession (Cyprus is currently under consideration as an EU-IMF programme country), high oil dependence and an explosion in July 2011 which reduced the electricity generating capacity by 2/3.  The cost of electricity is the most expensive in the EU.

Delegates were asked to submit ideas and case studies for ESCO projects; these were developed in the group facilitated by Irish ESCO practitioner Cian O’Riordan. The business potential for each case study was discussed, business model identified according to the energy services ladder. This was a highly interactive session, emphasizing the necessity of developing practical real-life examples (not just presenting already achieved models).

There was strong interest and much debate on the national pilot project for energy saving in street lighting. Cyprus Energy Agency grouped 16 municipalities and communities implementing SEAPs, and with the assistance of the Electricity Authority of Cyprus acting as the ESCO (lamp replacement with LEDs) successfully applied for ELENA and EIB co-funding for the project (EUR 16 million achieved). This is an ambitious initiative showing strong solidarity across the sector, and much will depend on the outcome of this pilot project. ManagEnergy looks forward to following the development of this pilot project and wishes to thank Cyprus Energy Agency for their excellent cooperation in organizing the workshop.   

Venue

14
Nov

Nicosia, Cyprus

Organised by: ManagEnergy & Cyprus Energy Agency

Location details: Cleopatra Hotel

Event website: http://managenergy.ne...

Contacts:

Name: Clare Taylor
Telephone: 3522663045
Email: ct@pracsis.be