Slovak Energy Efficiency and Renewable Energy Finance Facility (SlovSEFF) intends to channel financing to sustainable energy projects reducing GHG emissions. This is done by providing: Loans (€20k – 2,500k); Grants (7.5% to 15% of loan); Incentive payments; Free technical assistance to borrowers (SlovSEFF 2015). SlovSEFF also aims at transferring and building expertise among banks and companies related to sustainable energy investments. By improving energy efficiency and utilisation of energy, it also aims at mitigating electricity price increases. Through SlovSEFF I and II, the achievement is reported as high: primary energy savings of 580 GWh/year and 114,512 tCO2e/year (in the period 2007-2013).
This research from the Energy Efficiency Watch 3 project informs on the progress of EU Member States with regards to energy efficiency policies. The core objective of EEW3 is to establish a constant feedback loop on the implementation of European and national energy efficiency policies and thus enable mutual learning on effective policy making across the EU. It compiles 28 country reports, provides strategic conclusions for more effective policies and presents 10 case studies of well-established policy packages and a Feedback Loop Report. It thereby intends to improve the implementation of European energy efficiency policies on the energy demand side.