EU REEVALUE Project Launches Online Tool to Improve Business Energy Consumption
The Energy and Water Agency and the Malta Business Bureau have announced the launch of an online tool to help businesses track energy consumption and identify opportunities for improvement.
As part of the EU-funded REEVALUE project, the tool supports companies in enhancing resource efficiency and sustainability. Additionally, it provides guidance on local funding opportunities to help businesses invest in energy-saving initiatives.
Regularly track energy consumption according to activity.
Access tailored recommendations for energy consumption improvement.
Tap into funding opportunities for energy measures.
Compare energy performance to previous data entries.
Commenting on the launch, EWA CPO Charles Buttigieg:
‘’At the Energy and Water Agency, we are committed to supporting businesses in improving their energy efficiency by providing practical tools and expert guidance through REEValue. The launch of the REEValue online tool marks a significant step in helping businesses understand their energy consumption patterns, identify opportunities for improvement, and access tailored recommendations to enhance efficiency. By integrating this tool into their operations, businesses can make informed decisions that lead to cost savings, improved sustainability, and a stronger competitive position. Additionally, by highlighting relevant funding opportunities, we are ensuring that businesses have the necessary support to invest in energy-saving measures. Through collaboration and innovation, we aim to create a lasting impact on the business community, encouraging a proactive approach to energy management that aligns with national and EU climate goals’’.
Commenting on the launch, MBB CEO Mario Xuereb said:
“As an important partner in this project, the MBB supports Maltese businesses by facilitating access to technical expertise from across Europe and networking opportunities with like-minded businesses. This is part of our commitment to bridge the gap between EU goals and business reality. Ultimately, improved energy performance will not only lead to emission savings, but also an improved bottom line”.
The REEVALUE project is an EU LIFE-funded initiative which aims to promote energy efficiency and renewable energy generation within the food and beverage value chain, including its logistics services. This is being achieved through technical support towards businesses, identifying funding opportunities, and best practice exchange.
By leveraging digital solutions, REEVALUE aligns with the EU’s push for a circular economy, lower emissions, and stronger industrial resilience. As environmental regulations and market expectations evolve, businesses that actively manage resources gain a competitive edge.
This aligns with the EU Green Deal, which aims to make Europe climate-neutral by 2050, and the Fit for 55 package, which sets ambitious targets to cut emissions by at least 55% by 2030.
The REEVALUE project brings together a diverse consortium of partners from across Europe, including the Energy and Water Agency (EWA – Malta, Lead) the Malta Business Bureau, the Centre for Renewable Energy Sources and Saving Foundation (Greece), Authentic Solutions Limited (Ireland), Università degli Studi di Brescia (Italy), the European Cold Storage and Logistics Association (Belgium), the Associação Industrial Portuguesa – Câmara de Comércio e Indústria (Portugal), the Cork Chamber of Commerce (Ireland), and Sammontana S.p.A. (Italy).For more information on REEVALUE, visit the EWA REEValue website.
