Public ESCO Feasibility Study
The EBRD and the Ministry of Mining and Energy, in cooperation with local self-governments, have developed the concept of PUBLIC ESCO to implement energy efficiency (EE) measures in multi-family residential buildings connected to the district heating system. The proposed measures include insulation of building envelopes, installation of thermostatic valves, and heat cost allocators. These interventions are expected to achieve energy savings of over 35%, directly reducing energy costs. A key objective of the project is to facilitate the transition to consumption-based billing for consumers currently paying for heating services on a lump-sum basis. The project will cover approximately 600 residential buildings.
The EBRD has engaged a consultant to advance project implementation by conducting a comprehensive Technical, Economic, Financial, Environmental, and Social (E&S) Assessment. The consultant will carry out energy audits for selected buildings across 14 local self-governments in Serbia, preparing an extensive study on EE renovation for multi-family residential buildings. This includes analysing the regulatory framework, policy interventions, and capacity-building needs; assessing investment requirements and benefits for homeowners’ associations (HOAs); and designing tailored EE financing and delivery mechanisms. The consultant will also develop project plans, design offers for HOAs, perform techno-economic and legal analyses, evaluate poverty, E&S impacts, and assess stakeholders’ capacity.
Additionally, the assignment will support the identification of Green Economy Transition (GET) indicators, ensuring alignment with the Bank’s GET objectives and compliance with the Paris Agreement.
Type of services provided
The Consultant is responsible for carrying out the following tasks:
- Inception activities:
- Mobilisation of the Project Team.
- Logistical arrangements.
- Collection and review of data and studies.
- Review of building ranking list.
- Work-plan.
- Kick-off.
2. Overview of selected buildings:
- Review of submitted applications.
- Communication with relevant stakeholders.
- Analysis of building location and status.
- Analysis of local DH acts and decisions.
3. Execution of energy audits:
- Desk and Field data collection and processing.
- Calculation of Indicators and EE measures proposal.
- Financial and economic analysis of each building.
- Preparation of report.
- Integration with Information Systems.
4. Techno-economic and legal analysis:
- Techno-economic analysis.
- Legal analysis.
- Consumption Based Billing and DHC’s Analyses.
5. Priority Investment Programme (PIP):
- Alignment of the PIP with relevant Bank policies.
6. Environmental and Social Assessment:
- Review of available data.
- Meetings and Site visit.
- E&S assessment.
- Reporting.
7. Capacity stakeholders’ assessment:
- Stakeholder identification.
- Data collection using questionnaires and surveys.
- Gap analysis.
- Preparation of corrective measures.
- Implementation plan.
8. Green assessment:
- Potential for carbon trade.
- Green Assessments.
- EBRD Green Cities.
9. Financial and economic analysis:
- Financial analysis.
- Economic analysis.
10. Procurement and contracting:
- Data collection and analysis.
- Planning.
11. Human capital development and access to services:
- Primary and Secondary data collection.
- Human Capital Gaps and Needs Analysis.