3FOOD

Third Industrial Revolution Consulting Group
business creation have been put in place, Luxembourg’s regulatory restrictions should
be reviewed in order to create a more attractive environment.
Fostering a climate toward a more entrepreneurial culture in which the SusTech sector can
flourish takes time and effort. If Luxembourg desires to become a leader in sustainable
technology, a dedicated action plan addressing investments, education, and business culture is
strongly recommended.
This SusTech action plan can address the type of investment, education, and business culture
that will be needed for Luxembourg to become a leader in sustainable technology. In addition,
lessons learned and best practices from Luxembourg’s FinTech sector, as well as from current
leaders in sustainable technology and leading entrepreneurial regions, can be incorporated into
the action plan.
The action plan can result in a charter for a public-private partnership that leads to the creation
of a flourishing, and well-funded, SusTech sector in Luxembourg. Funding options like a
Knowledge and Innovation Community (KIC), co-funded by the European Institute of Innovation
and Technology, can be considered to kick-start SusTech in Luxembourg.
Experimental Distribution Grid Clusters
Across Europe, there has been thousands of practical demonstration projects designed to
experiment with new energy business models, deploy advanced energy infrastructure, and
adapt traditional regulatory frameworks.
For example, blue-sky projects—such as the European Commission’s Horizon 2020 and
Intelligent Energy Europe (IEE) initiatives—are seeking to experiment and test more advanced
energy concepts. These projects are building a critical
R&D mass, the development of which will accelerate the
advancement of the longer-view TIR vision. There have
been more than 2,500 projects implemented as part of
the European Federation or Renewable Cooperatives
(REScoops) initiative. 54 In these projects, citizens are
actively engaged not only in renewable electricity production, but also in heat production in
district heating cooperatives. All these REScoops are bringing benefits to their local economies
and are helping the EU to reach its renewable energy and energy efficiency targets. Other
54 European Commission. “RESCOOP European Projects”. May 2016. Available at: https://rescoop.eu/participationrescoops-eu-projects
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