Small & Medium Enterprises (SMEs)
Why is TrustEE focused on SMEs?
As major contributors to Europe's economy, SMEs demand a significant amount of process energy. While European industry has cut energy intensity significantly since 2000, SMEs face challenges investing in energy efficiency and renewable projects, including:
- Limited human and financial resources
- Reduced access to capital and financing, and
- Perceived/real risks.(5)
Share of SMEs (% total) for select industry sectors (1)
|Sector||# of Enterprises||# of Employees||Value added|
|Mining & quarrying||99.2||81.1||74.8|
|Food & beverage||99.1||63.0||47.1|
|Pulp & paper||97.3||53.4||41.5|
Continue to explore...
the potential for SMEs to invest in energy efficiency and renewables...