NESOI – New Energy Solutions Optimized for Islands
Group Company
Benificiary
Start Date
End Date
Project Status
Instrument
Advisory
Sector
Mobility and Logistics
Networks and Public Utilities
Energy transition
Segment
Public Administration
NESOI is a Technical Assistance platform, led by Sinloc, set up to support European islands in their decarbonisation and energy transition process.
The project provided technical, economic, legal and financial assistance as well as grant resources for on-site consultancy to 54 projects and in 70 European islands, selected through public tenders.
Requirements
The topic of energy transition is of crucial importance in Europe and although funds are available on the market for financing energy efficiency and renewable energy projects, many projects struggle to be implemented. Particularly on islands, barriers to implementation are dictated by specificity factors that include: the fragmentation of projects and/or the low unit cost of technology to reach critical mass; the lack of coordination between local authorities and the limited development of synergies between projects; low awareness of funding opportunities; and the scarcity of technical skills and/or human resources dedicated to project development and coordination.
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