A Brussels-based start-up is presenting a self-financed solution to make CO2 savings of 27% and provide energy to a jointly owned building of 430 apartments in Anderlecht, Brussels (rue Marius Renard 27). The project covers the installation of a very efficient cogeneration facility and the complete renovation of the 27-storey building’s roof. The joint owners of the 430 apartments have not made any financial contributions, yet will benefit from free energy and even a financial return.
The European Commission has approved, under EU State aid rules, reductions granted to energy-intensive companies on a surcharge to finance support for renewable electricity production and high-efficient cogeneration in Greece.
An EU-funded project is helping European cities to run district heating and cooling systems with waste heat. Solutions provided through the project capture and use this affordable and plentiful resource to help households, factories and offices save energy.
Decision not to raise objections.
The European Commission has approved, under EU State aid rules, Poland’s plans to include a 600 megawatt gas-fired combined heat and power plant located in Płock in its existing scheme to support high-efficiency co-generation of heat and electricity.
The European Commission has endorsed under EU State aid rules German plans to reduce renewable energy surcharges for electricity users producing their own electricity using highly efficient cogeneration plants. This will promote energy-efficient cogeneration without unduly distorting competition.
The European Commission has approved most of the electricity contribution reductions granted to electricity intensive companies in France in 2003-15. These measures helped towards achieving the EU’s climate and energy objectives without unduly distorting competition in the Single Market.
Amundi Energy Transition (AET), the joint venture between Amundi (60%) and EDF (40%) announces that, after only one year of marketing*, it has raised more than EUR 500 million in equity capital from institutional investors to finance projects for energy transition among French regions and industries. The European Investment Bank for an amount of 50 million euros and Crédit Agricole Assurances are the leading investors.
The European Investment Bank (EIB – the EU bank) has provided a EUR 30m loan to finance the CHO Tiper renewable power generation plant developed by CHO Power, a Europlasma Group subsidiary. The project is also supported by InnovFin – Energy Demonstration Projects (EDP), a financial product developed under Horizon 2020, the European Union’s framework programme for research and innovation.
The European Commission has found German plans to grant reductions on an offshore surcharge to electro-intensive users and railways to be in line with EU State aid rules. The measure will contribute to the competitiveness of these companies without unduly distorting competition in the Single Market.