Financing and realising energy efficiency and renewable energy projects in industry

Library & reports

This section includes public reports and deliverables of the TrustEE consortium. The internal reports page summarises additional project reports that are not public at this time. 

The European Commission's formal webpage for the TrustEE project is on the Community Research and Development Information Service site. 


Current status and future perspectives for energy production from solid biomass in European industry 

Malico I. et al 2019

Summary: Industrial heating is dominated by fossil fuels. Therefore, promoting renewables in this sector is vital to move Europe towards a low-carbon economy. Since solid biomass is the only renewable with significant industrial use, it is crucial to know the status of its present use and to analyze the prospects of its future utilization by the industry. The current European industrial energy consumption is reviewed, with a focus on bioheat. DownloadReport (pdf)

Mind the Gap: Key findings of industrial energy efficiency financing related gaps  

eceee Industrial Efficiency conference, 2018

Summary: This report summarises the key findings from an event on industrial efficiency project financing, held on 11 June in Berlin as part of the European Council for an Energy Efficient Economy Industrial Efficiency conference. TrustEE sponsored and introduced the event.  DownloadKey findings report (pdf), presentation (pdf)

Status of process heating in Europe: Sectors, processes, distribution, systems, and sources

Deliverable 1.1

Summary: Depending on the sector, process heating normally accounts for over half of European industries' energy demand. Fossil fuels meet most of this demand; however, in Sweden, Finland, Latvia and Portugal biomass is a significant contributor. Renewable energy sources are poised to replace up to 60% of fossil fuels for process heating, especially at mid to lower temperatures. However, renewable energy potential varies by industry sector and country. Promising sectors for renewable energy integration includes pulp and paper, food and beverage, and the tobacco industries.  Download: Full report (pdf)


Conventional and process heat efficiency and sustainability (PHES) production: Technologies, system layouts, and renewable energy resources

Deliverable 1.2

Summary: The objective of the report is to provide an overview of conventional and sustainable heat production systems (PHES) mainly linked to industrial process heating supply systems. Descriptions of the technologies, performance parameters, possible system layouts and energy supply sources as well as costs (technology and energy) are summarised for European industrial applications. Combustion boilers are the predominant heat production systems, either using solid fuels (coal and biomass) or liquid and gaseous sources. Combined heat and power (CHP) systems is an efficient application in industry. PHES includes solar thermal, biomass, biogas, and heat exchangers for heat recovery. Solar thermal heat applications are well suited across industrial sectors and for different temperature applications up to 400°C. System costs vary depending on the overall size and whether the system is integrated on the process or supply level. Biogas is mainly produced out of animal and plant-based materials, influencing the system layouts, respectively the overall costs. Solid biomass production and its industrial integration have significantly increased since 1990, mainly in the UK, Italy, Denmark, Belgium, and Poland. The costs depend on the size of the system and necessary components of the layout. Finally, energy efficiency is linked to the heat exchangers applied. Shell and tube heat exchangers dominate the market (>90% of installed heat exchangers). Specific costs of heat exchangers generally decrease with increasing power of the heat recovery. Download: Full report (pdf)


Software suite for viability, impact assessment and investment parameters (PHESIMA)

Deliverables 1.4 and 1.5

Summary: This is an Executive Summary describing

PHESIMA, a software tool developed by the TrustEE consortium that estimates the market potential and impacts of implementing PHES technologies under different framework scenarios. The tool covers energy efficiency measures and renewable energies (solid biomass, biogas and solar thermal). It is essentially a Geographical Information System tool composed of modelling scripts in python that can estimate the potential and impacts of PHES technologies, and a mapping tool to visualize the geograpical distribution of results.

DownloadFull report (pdf)


Comprehensive analysis of funding mechanisms

Deliverable 1.6

Summary: The report outlines availalbe programme funding opportunities and incentives for process heat efficiency and sustainability investments in Austria, Germany, Portugal, Sweden and Spain. Funding and support mechanisms cover: Tax incentives; Investment grants; Feed-in tariffs to enable renewable energy production; White certificates; Loans and guarantees; Green certificates; Contracting programmes; Energy audit financing/grants. In addition to these national instruments, some regional instruments are included.  Download: Full report (pdf)


TrustEE Electronic Investment Submission Platform

Deliverable 2.1

Summary: The deliverable describes the concept of the TrustEE Electronic Investment Platform, which embodies the core technical support tool to the TrustEE consortium in the investment decision making process. Project proposals for TrustEE financing go through a three-stage assessment process. In the automated stages one and two, the proposals are assessed online according to determined economic and technical criteria. If the criteria is met, a third assessment step is undertaken by the TrustEE consortium.  Download: Executive summary (pdf)

Industrial supplier and end-user (owner) contract templates

Deliverables 3.4 and 3.5  

Summary: The report summarizes the results of Task 3.3 “System supplier contract” and Task 3.4 “End-user contracting” on development of the Energy Supply Contract (ESC) and Energy Performance Contract (EPC) between the “system supplier” and the “end-user”. These tasks are within the Work Package 3 “Risk mitigation” and outline the contractual relations between TrustEE suppliers, end-users (owners) and the TrustEE consortium.  Download: Report (pdf)


Legal constitution of TrustEE

Deliverable 4.2   

Summary: For the legal constitution of TrustEE, REENAG has prepared with the help of a law firm in Luxemburg the statutes of a S.à.r.l. qualifying as a securitisation company (société de titrisation). The main content of the statutes is described briefly in this document. The statutes are ready for registering in Luxemburg. REENAG will order the registration at the Public Notary as soon as the start-up cost and the cost of operation for the first year can be covered. 

DownloadsFull report (pdf), Securitisation Vehicle registration

Operationalization of the TrustEE Electronic Platform 

Deliverable 4.3   

Summary: This is an Executive Summary describing the functionality of the TrustEE Electronic Platform. The beta/project version of the Platform was launched by the end of 2018 and was previously accessable (during project period) at  DownloadExecutive summary (pdf)



Formal Constitution of Start-up Portfolio of PHES Investments

Deliverable 4.6   

Summary: This is an Executive Summary describing the TrustEE Electronic Platform and initial start-up launch phase in Austria with an Austrian bank partner.  DownloadExecutive summary (pdf)

TrustEE Communication & Dissemination Plan

Deliverable 6.1   

Summary: Outlines the communication and dissemination goals, strategies, and approach throughout the 3-year project. DownloadFull report (pdf)

Report on Conferences & eceee Summer Studies

Deliverable 6.3   

Summary: The purpose of Deliverable 6.3 is to report on partner participation in conferences and the eceee Summer Studies. DownloadFull report (pdf)

Report on Publications

Deliverable 6.4 

SummaryThe purpose of Deliverables 6.4 is to summarise and report on the relevant publications produced by TrustEE partners or written about the project by external media.

DownloadFull report (pdf) 

Report on Newsletters, Press Releases, Social Media, etc.

Deliverable 6.5

Summary: The purpose of Deliverable 6.5 is to summarise and report the outcomes of WP6 communication and dissemination efforts including e-newsletters, press releases, materials, social media activities, etc.


DownloadFull report (pdf)

TrustEE Project Website

Deliverable 6.7   

Summary: The formal deliverable to the EU Commission for delivery of the project website. DownloadFull report (pdf)