Europe’s electricity market rules are being updated to improve the functioning of the market, empower consumers and pave the way for the clean energy transition. EU member states’ ambassadors today approved an agreement with the European Parliament on a directive and a regulation on electricity market design. This clears the way for the final adoption of the two files, which are cornerstones of the clean energy package.
The European Investment Bank (EIB) and Siauliu Bankas have signed a guarantee agreement to continue and renew their funding for energy efficiency renovations of Lithuanian multi-apartment buildings. The EIB will provide a EUR 30 million guarantee from the European Regional Development Fund (ERDF) for a portfolio of EUR 150 million in loans by Siauliu Bankas to the homeowners for the modernisation of their properties.
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.