PROJECT DESCRIPTION
BACKGROUND
CROSSFIT's overarching objective is to transform energy efficiency market dynamics by introducing a game-changing approach: with the set-up of a one-stop shop in the public sector, where complexities in procurement are simplified, and opportunities are seized. Our primary goal is to streamline decision-making, centralize tender procedures at the municipal, regional, and national levels, and captivate the private financial community's active participation. The EU's mandatory tendering process in the public sector procurement process poses a bottleneck to the energy transition, while at the same time the public sector is intended to lead by example. CROSSFIT aims to address these challenges, by establishing a "one-stop shop" (OSS) in Greece, Portugal and Spain, modeled after the public sector held Vlaams Energiebedrijf's (VEB) OSS, operating in Belgium since 2004, and successfully remedying to the issues in the public procurement process. Adapting the VEB OSS model to the legal and regulatory frameworks of Greece, Portugal and Spain, the CROSSFITmodel will be applied to shortlisted pilot sites in the respective countries. Furthermore the present VEB model will be upgraded by integrating financial engineering in blending public and private capital, which will also be tested on shortlisted pilots, and evolve into VEB 2.0. In the final phase of crOSSfit, the VEB 2.0 model will be introduced to the OSS in Greece, Portugal and Spain, creating four advanced OSS 2.0 as regional replication templates. Results will be replicated by pilot leaders themselves and taken to a wider European market by SEFA, the Brussels-based Sustainable Energy Finance Association. SEFA as an not-for-profit organisation will take on the CROSSFIT collateral, build capacity and further deploy the CROSSFIT model in other EU MS, leading to €3 billion capital deployment within 5 years after the project end, and notable CO2 abatement.