Today, European markets for Sustainable Energy Assets (SEA) are splintered over many project and contract types, small portfolios and numerous investor methods to assess project risk: deal closure can take anywhere from 12-24 months per project. This is misaligned with Europe’s 2030 climate target and smothers market growth. Energy Performance Contracts (EPCs) and risk assessment protocols must become standardised for project investors in order to encourage market growth in a manner which will lay the groundwork required to accelerate the development of SEA as tradable securities.
This is the aim of LAUNCH. LAUNCH is an EU-funded 2.5-year project under the Horizon 2020 Programme for Research and Innovation launched in May 2019 to develop tools to enable large scale aggregation of sustainable energy assets for financiers and support contractors in accelerating pipeline growth.
This session will be focused on introducing the project, explaining why it's important to the European market and the main objectives it aims to achieve.