The project is developed in 9 phases, each one comprising a number of interrelated tasks. These phases can be summarised in 3 Groups as follows:
The expected results are mainly related with the application region and include the project deliverables, as well as less tangible benefits regarding the motivation of the island’s community towards the large-scale implementation of RES and RUE. Moreover, the project is expected to directly contribute to the production and transfer of knowledge and tools that will be suitably disseminated in other EU and accession countries. On a first rough approximation for the year 2010, very conservative estimations calculate a 20% saving of conventional fuels as a result of RES and RUE integration, implying savings for that year of over 600 ktoe. This figure takes into account the actual trends pointing on a total consumption of about 3000 ktoe (based on the recorded 2000 ktoe of oil consumption in 2000). The avoided fuel cost is calculated to exceed 150 M EUROS. In addition, the reduction of CO2 emissions and atmospheric pollutants can also be translated in avoided external costs based on approximate values assigned to these emissions according to the methodology of the ExternE project.
For more information: cordis.europa.eu