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ManagEnergy Initiative: energy agencies leading the energy transition

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After almost 3 years of service, ManagEnergy, the European Commission’s initiative dedicated to local and regional energy agencies, harnesses the insights gained throughout the project.

Energy agencies have many important roles through which they can support sustainable energy investments: as facilitators, aggregators or project developers, and therefore are in a unique position to support energy investments in their regions and cities. ManagEnergy uses and enhances this role by raising the skills of energy agencies’ staff on financing and project development, ultimately making them leaders in the energy transition and increasing sustainable energy investments in Europe. 8 Master Classes, 19 Expert Missions and 3 Networking Events have been organised, involving nearly 100 energy agencies from 25 countries. 

 

ManagEnergy Master Classes: bridging the finance and energy worlds

 

The Master Classes consist of 3 modules of 3-day interactive training sessions focussed on: 

 

  • Market Facilitation and Project Aggregation; 
  • The Involvement of Banks and Mobilising Private Investment; 
  • Risk Analysis and Development of Guarantee Schemes. 

The main objective of the trainers was to open the door of the finance world to participants, teaching them how to pitch their projects to banks and financial institutions.

 

ManagEnergy Expert Missions: boosting the role of energy agencies in their cities and regions

 

In addition to sharing their experience through Master Classes, the ManagEnergy experts also visited 19 selected energy agencies across Europe. These missions lasted for 3 days and provided them with tailor-made support on strategic and business planning, with a focus on creating or expanding services to trigger additional energy investments. The Expert Missions went one step further than the Master Classes as they enabled the entire agency team to participate and focused on actions of key importance for the specific agency as well as their organisation’s long-term strategy.

 

Read the full news here.