With over 60 sessions and 2,500 participants, the annual EU Sustainable Energy Week (EUSEW) came to an end on 8 June. This year the different sessions focused on how the EU can lead the clean energy transition in the 21st century. EUSEW came at a crucial political moment towards the end of negotiations for the Clean Energy Package for all Europeans.
The projects awarded the EU funding are expected to develop or demonstrate technology for renewable energy sources and bring it closer to the market. They will receive over €140 million to carry out their work plans after signing grant agreements with INEA, for which they have time until mid-October 2018. More details about the funded projects will be announced after the grant agreements are signed. The projects are expected to be launched by the end of the year.
The wind farm ‘Moulins Saint-Roch’ is located in Péruwelz-Beloeil, along the E42 and near Polaris, the future economic zone. Four wind turbines will produce 21 GWh / year of green electricity, equivalent to the needs of 6,580 households, and 10,500 tonnes less CO2 in our atmosphere. A 100% public project, supported by IPALLE and IDETA and funded by the ‘Smart Cities’ program of the EIB and Belfius.
The European Investment Bank (EIB) is lending Energiepark Bruck/Leitha a total of €19.3 million to carry out its “Bruckneudorf” and “Höflein West” wind farm projects. The two sites will have a joint capacity of 17 MW (6.5 MW for Bruckneudorf and10.5 MW for Höflein West). Erste Bank is also participating in the €27.3 million financing plan.
Participants in a hearing on sustainable finance, organised by the EESC on 5 June 2018 in Brussels, explain how to move forward in order to redirect capital flows towards more sustainable investment projects.
EU-funded researchers have developed new tools for designing and analysing the economic reliability and environmental performance of wave and tidal-energy power farms. These are currently being implemented and validated in real-life situations, while the DTOCEAN consortium has secured further EU funding.
Today, Europe continues to show worldwide leadership by ensuring, in line with its 45% share in the project, that the necessary resources are provided to the project for the completion of the construction phase of ITER. This will allow for the first experiments to start in 2025 and to continue towards full operation by 2035.
For the next long-term EU budget 2021-2027, the Commission is proposing €100 billion for research and innovation.