1st Financial workshop-London, UK

First workshop held to explore the financing of energy efficient step-by-step retrofits

Date: 16th September 2014

Location: Saint Gobain Innovation Centre, London, UK

Attendees: 24 people attended the workshop from a number of different sectors, including the finance and investment sectors, housing associations and other portfolio managers, and designers.

2014 London, UK. The first EuroPHit Financial Workshop was held in Saint Gobain Innovation Centre (left); Georg Kraft presenting at Workshop (right), Photos © BRE

Summary:

This was the first workshop in a series that will be held in each of the EuroPHit partner countries. The workshops are being held to explore the barriers, opportunities and potential solutions to financing deep retrofits at scale.

The session was chaired by BRE, who are leading on the financial work package for EuroPHit. The morning session focused on the domestic retrofit market, with the afternoon session concentrating on the contrasting and overlapping issues surrounding commercial retrofit.

Adam Robinson of BRE began the session by explaining the context of deep retrofit in the UK and how the EuroPHit project is positioned to up-scale the number of such retrofits. Georg Kraft of IZN then presented on his experiences of mechanisms of financing retrofits in Germany and using EU funds.

Portsmouth City Council delivered a presentation on the EnerPHit retrofit of Wilmcote House, the UK EuroPHit case study project. This delivered a very informative insight as to why and how it was decided to go to the EnerPHit standard. Presentations were also delivered by representatives from RE:NEW and RE:FIT, projects in London which use ESCOs in order to guarantee energy savings in retrofit projects.

Many interesting discussions were had throughout the sessions, particularly around public perceptions, demonstrating cost effectiveness, and legislative drivers. The outcomes of the discussions will go on to inform the development of the EuroPHit project, with further workshops planned over the coming months.

You can download presentations from Financial workshops or browse other downloadable EuroPHit materials here.