ENERFUND is funded by the European Union’s Horizon 2020 programme and poses itself the ambitious objective to enhance funding investments for deep renovation of buildings, working on three components: public awareness and trust, funding schemes and incentives and trustworthy retrofitting opportunities. A comprehensive state of the art evaluation of existing barriers and needs in these fields will enable the development of the ENERFUND tool, which will address these shortcomings and expectations. The tool will then be promoted within the scope of the project and its impacts on deep-renovations will be monitored and measured.

The project consortium, led by the Cyprus University of Technology (CUT), is composed of 15 interdisciplinary organisations representing 12 EU countries, including two Universities (CUT and the Aalborg University in Denmark), two companies experienced in database creation and EPC mapping (ENERMAP from Cyprus, and Energy Action from Ireland), the Ministry of Regional Development and Public Administration of Romania as well as ten energy agencies, NGOs, SMEs and Institutions: Centre for Energy Performance of Buildings (Romania), Cyprus Energy Agency, SERA energy & resources E.U (Austria), Energy Centre Bratislava (Slovakia), Centre for Renewable Energy Sources and Saving (Greece), Severn Wye Energy Agency (UK), Valencia Institute of Building (Spain), Sustainable Energy Development Agency (Bulgaria), Jozef Stefan Institute (Slovenia) and ENERGIES 2050 (France).

These organisations are united by the common intent to ease and stimulate investments in the target markets, which are offering great opportunities for buildings’ refurbishment. ENERFUND will specifically build upon partners’ knowledge and experience regarding energy efficiency and retrofitting to set up and promote the ENERFUND tool. Available online, this tool will facilitate stakeholders’ decision regarding renovation strategies, thanks to user-friendly materials including, among others, an interactive map of deep renovation opportunities to be used in the project’s participating countries.

The ENERFUND project was officially launched during the kick-off meeting organised last February in Limassol (Cyprus), within the premises of the Cyprus University of Technology and will run for 36 months. The project’s manager, Assistant Professor Alexandros Charalambides, noted that “By providing a rating for deep renovation opportunities – whether for private establishments or for public buildings – funding institutes can provide targeted loans, retrofit companies can identify sound opportunities, municipalities can promote targeted incentives and the public’s trust for retrofitting will be enhanced”.