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Use of Public-Private Partnership Funding Instrument in Finland, Norway, Scotland, Northern Ireland and Ireland

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This report is published within the Water Asset Renewable Energy Solutions (WARES) project. WARES is a two-year strategic project of the Northern Periphery Programme, which explores the opportunities to generate renewable energy at water utility assets. The project is led by the International Resources and Recycling Institute in Scotland, in partnership with Action Renewables in Northern-Ireland, Mayo County Council and Clár-ICH in Ireland, Narvik Science Park and Northern Research Institute in Norway, and the University of Oulu in Finland. The aim of WARES is to provide innovative renewable energy solutions to remote areas by finding unused opportunities for renewable energy generation within the activities and property of the water sector. WARES will establish partnerships between the water industry and neighbouring communities and help sourcing the capital investment required to commercialise these opportunities, such as creating Public Private Partnerships. This report describes the Public-Private Partnership (PPP) funding instrument. The PPP instrument has become of high interest and relevance in many countries. Currently, it is in use mainly in Western Europe, but the concept is increasingly replicated also in Russia, the United States, Australia, Japan, Malaysia, among others. This report discusses the concept of PPP in more detail; how it works, types of partnerships, major focus areas, pros and cons. In addition, some examples of renewable energy PPP projects within the water sector in the Northern Periphery are described.
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Use of the Public-Private Partnership Funding Instrument in Finland
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WARES PROJEC T PUBLICATIONS Use of the Public-Private Partnership Funding Instrument in Finland, Norway, Scotland, Northern Ireland and Ireland Victor Pavlov, Niko Hänninen and Eva Pongrácz