IBPOWER Kickoff meeting

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IB-POWERKick-off meeting
David Anderson DG Research European Commission
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1) FP7 (2007-2013)2) Contractual issues3) PV
Energy Policy
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FP7 (2007-2013)
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FP7 (2007 2013)Total budget 50bn
(Fusion, fission JRC nuclear activities covered
in separate Euratom treaty 2.7bn)
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Cooperation (32.4 bn)
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FP7 2007 call
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FP7 2008 call

• smaller call because budget partially spent in
  2007
• published 30 Nov 2007 (all info www.cordis.lu)
• deadline 26 Feb 2008 1700 (1st stage)

• Topics of potential interest for PV
• ENERGY.2008.2.1.1 Enhancing strategic
  international cooperation initiatives in the
  field of concentration photovoltaics
• ENERGY.2008.10.1.2 Novel materials for energy
  applications
• ENERGY.2008.10.1.1 Future emerging technologies
  (FET)

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FP7 Contractual Issues
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Upper funding limits
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Eligible Costs

• Eligible
• Actual/average personnel costs
• Incurred during duration of project
• In accordance with the usual accounting and
  management principles of beneficiary
• Recorded in the accounts of beneficiary
• Used for the sole purpose of achieving the
  objectives of the project
• Indicated in the estimated overall budget annexed
  to the GA
• Non-eligible (identifiable indirect taxes
  including VAT)

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Direct costs

• No cost models
• All beneficiaries report all their real direct
  costs
• Those in AC in FP6 can claim their permanent
  personnel costs

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Indirect Costs

• Real indirect costs / Simplified method
• Standard flat rate of 20 of direct costs
• Special transitional flat rate of 60 of direct
  costs for Non-profit Public Bodies, Secondary and
  Higher Education establishments, Research
  Organisations and SME unable to identify real
  indirect costs for funding schemes with RTD until
  31/01/2009 For CSA limit of 7 of direct costs
  
• Calculation
• Flat rate Direct costs - (subcontracting
  resources from 3rd parties not used on
  the premises of the beneficiary)

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Average personnel costs

• Average personnel costs accepted if
• Consistent with the management principles and
  accounting practices of beneficiary
• Identified according to a methodology approved by
  the Commission
• They do not significantly differ from actual
  personnel costs

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Certificate on financial statements

• Mandatory for a beneficiary when its cumulative
  EC contribution exceeds 375,000
• When the EC contribution is less than 375.000,
  no CFS not even at the end of the project
• For projects of 2 years or less, no intermediate
  CFS. Obligation of submission only at the end if
  contribution 375.000 and covering all eligible
  costs
• If a certification on the methodology is
  provided, no intermediate CFS, only at the end if
  contribution 375.000 and covering all eligible
  costs

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Payment modalities

• Pre-financing (45 days after entry into force of
  GAdate of signature by EC)
• Interim payments based on financial statements
  (EC contribution amounts justified accepted
  funding rate)
• Final payment

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Prefinancing

• Article 6 of GA 45 days delay after entry into
  force of GA
• As indication, 160 of estimated average EU
  funding per reporting period (max EC
  contribution/n of periods)
• 5 of maximum EC contribution (Art. 5.1 GA) is
  transferred from the prefinancing to Guarantee
  Fund
• Coordinator is deemed to have received full
  prefinancing

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Interim payments

• Based on submission of periodic reports within 60
  days after the end of each reporting period
  including
• Overview of the progress of work
• Report on the use of the resources
• Form C for each beneficiary (financial statement)
• Summary Financial Report consolidating claimed EC
  contribution of all beneficiaries
• Certification of costs if needed (cumulative EC
  contribution 375,000)
• Community financial contribution corresponding to
  the amount accepted for each reporting period
• PrefinancingInterim payments 90 of max. EC
  contribution
• EC has 105 days after reception of reports to
  evaluate and execute the payment EC may approve,
  suspend the time limit, reject (possible
  termination of the project) or suspend the payment

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Final payment

• Final reports to be submitted by coordinator 60
  days after end of project
• Publishable summary report, conclusions and
  socioeconomic impact
• Report on wider societal implications and a plan
  on use and dissemination of foreground
• Forms C for each participant Summary Financial
  Report
• Report on the distribution of the EC contribution
  30 days after receipt of final payment
• Final amount recovers 10retention5 to GF (if
  possible)
• Final total Community contribution Total
  eligible costs Receipts

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Guarantee Fund

• No financial but technical collective liability
• Establishment of a participants Guarantee
  Fund to cover risks
• Amount of 5 of EC contribution
• GF covers operations with interests generated
• If interests are not sufficient, EC keeps 1 of
  EC contribution at final payment not from public
  bodies, legal entities guaranteed by a ME or Ac
  or secondary or higher education establishments

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Example

• Project duration 3 years
• Reporting periods
• P1 Months 1-12
• P2 Months 13-24
• P3 Months 25-36
• Maximum EC contribution 3,000.000
• Average EU funding per period 1,000.000
• PrefinancingInterim payments 90 of EC
  contribution 2,700.000
• Pre-financing (160) ? 1.6 Mio - 150,000 to GF
  1,450.000
• 1st Interim payment 1Mio accepted, payment ?
  1,000.000
• 2nd Interim payment 1Mio accepted but paid
  already 2,600.000 ? Retention 10gt2,700.000 ?
  100,0000
• Final payment really paid 2,550.000150,000300,
  0002,550.000 3,000.000

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Amendments

• Coordinator requests amendments on behalf of the
  consortium
• Coordinator can accept an amendment proposed by
  the Commission
• For addition/withdrawal of partner tacit
  approval after 45 days

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Energy Policy and Photovoltaics
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EU Energy Policy 2020 Targets
Presidency Conclusions, Brussels European
Council 8/9 March 2007

• GHG emissions reduced by 20
• Renewable energy to 20 of consumption
• Bio-fuels to supply 10 of all transport fuel
• Energy efficiency increase of 20

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EU 2020 TargetsA closer look

• GHG emissions reduced by 20
• Renewable energy to 20 of consumption
• Bio-fuels to supply 10 of all transport fuel
• Energy efficiency increase of 20

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EU GHG Progress so far
Greenhouse gas emission trends and projections
in Europe 2006, EEA Report 09/2006
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Sustainable Emission Pathways
UN Human Development Report 2007/2008,
November 2007
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EU 2020 TargetsA closer look

• GHG emissions reduced by 20
• Renewable energy to 20 of consumption
• Bio-fuels to supply 10 of all transport fuel
• Energy efficiency increase of 20

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EU Renewable Energies Progress so far
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EU Renewable Energies Progress so far
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EU Renewable Energies Progress so far
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PV and GHG Emissions
Environmental impacts of PV electricity
generation - a critical comparison of energy
supply options, E. A. Alsema, et al, 21st
European PV Solar Energy Conference, Dresden, 4-8
September 2006.
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PV Deployment in EU
2020 50 to 150 GW 1.5 to 4.5 EU ELC
Future prospects 10 in 2030, 30 in 2040
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Thank you for your attention