Transforming Renovation in the Southern Seaboard Region-Ireland

Introduction

Public Bodies in Ireland lack agency to implement building renovations. Critical barriers include limited internal capacity, funding shortfalls, and very few completed renovations to learn and benchmark from.

Current Financing Landscape

Nationally, private financing (EnPC) has been deployed for just three projects:

1. Two in the health sector for hospitals
2. One in Dublin for sports facilities.

Project aggregation has not taken place.

TRESS Proposal Overview

The TRESS proposal will focus on the region of Atlantic Seaboard South, creating a replicable approach that can then be used in other regions and across the public sector.

Phase I

• Renovation of 25 buildings
• Investment of €86M
• Primary energy savings of 34 GWh
• Renewable energy delivered of 1,512 GWh

Phase II

• Renovate 162 buildings
• Savings of 149 GWh
• Renewable energy delivered of 11,968 GWh
• Investment of €647M

In total, there will be a reduction in GHG of 26,444 (tCO2).

TRESS Facilitation Service

TRESS will be the first facilitation service developed for the renovation of public buildings across multiple local authority regions and public bodies in Ireland.

Objectives of TRESS

• Deliver facilitation support
• Drive collaboration amongst the various actors involved in building renovation decisions at a regional level.

Addressing Barriers

In Phase I, TRESS will address the financing barrier by:

• Working with key financing stakeholders in Ireland and Europe
• Developing financing solutions that will mobilise a greater share of private funds through EnPC/ESCO models
• Meeting EU guidelines

TRESS will also address capacity barriers across the value chain, including in the CARO regions, other public bodies, training providers, professional bodies, and finance providers.