Sub-Project 2

Energy Efficiency of Public Buildings

 The sub-project concerns the energy upgrades of nine hospitals, one courthouse (without custody) and one regional building. The main focus of the energy efficiency projects in public buildings will be the installation of Combined Heat and Power (CHP) systems for heating, cooling and electricity production, along with small PVs integrated into the building environment. The overall investment related to energy efficiency and RES investments in buildings represents about EUR 25m (VAT included).

The Energy efficiency in public buildings project will be implemented with the support of the Region of Central Macedonia. The Region, in cooperation with the relevant stakeholders, will be responsible for the preparation of the necessary studies and the implementation of the projects as well as to apply for financing. Under the EPC scheme, an Energy Service COmpany (ESCO) will improve the energy efficiency and/or install building integrated renewables in the buildings and use the cost savings from the energy efficiency measures and/or from the renewable energy produced, to repay the project investment costs. These payments will be made conditional to the achievement of some pre-defined key performance indicators (KPIs). Essentially, the ESCO will not receive any payment, unless the project delivers energy savings as expected.