3FOOD

Third Industrial Revolution Consulting Group
Financed term (years) 12 20 NA
Cost per kWh
(cents/kWh)
8 15 NA
Direct jobs per year
(over the next decade)
800 –
1.000
4.000 –
5.000
500 –
1.000
2.600 –
5.000
1.300 –
2.000
6.600 –
10.000
The Luxembourg Sustainable Energy Finance Program (LuxSEF) is proposed as a main building
block which uses low-cost finance that is paid for directly through large-scale energy bill
savings. This can unlock transformative, infrastructure-scale level investment and change. In
short, LuxSEF supports the work of LSDFP as it:
Packages Luxembourg community’s need for a more productive and sustainable
economy into actionable and financeable portfolios that can attract low-cost capital,
and do so at a scale and rate of return that is attractive to investors;
Relies on standardized transactions on a common, standardized documents platform
that accelerates supply and demand of sustainable energy finance and keeps
transaction costs low;
Guarantees energy and Euro savings for investors and program participants alike that
match or exceed all financing and capital costs; and
Enables the market and stakeholders, including Energy Service Companies (ESCOs), civil
society organizations, investors, relevant public law bodies, and intermediate financial
advisors, to collaborate in scaling up a Third Industrial Revolution transition.
To do so, the mechanism needs to be:
Self-financing: SEF economics do not require regulated price increases to cover
renovation costs nor rely on taxes to capitalize renovation.
Market-tested: The SEF strategy draws from a $72.5 million market-tested application
that was rated AA+ by Standard & Poor’s rating service. Other programs have since been
implemented in California, Washington DC, and Pennsylvania.
Capable of unlocking a suite of technologies: The mechanism can be applied to a wide
range of different technologies.
Flexible: Different jurisdictions present different legal, policy and other conditions that
require the financial mechanism to be adaptable to local circumstances.
Capable of offering a broad range of benefits.
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