Commission Vice-President Maroš Šefčovič in charge of the Energy Union meets today (14 December) CEOs of raw materials processing and refining companies as well as the European Investment Bank.
INEA has received 72 project proposals by the deadline of the Low-Carbon Energy call on 11 December 2018. The total available budget is €125 million. According to estimates, up to fourteen projects may be funded through these funds (indicative).
The European Council welcomes the intensive preparatory work carried out during this semester on the future Multiannual Financial Framework and takes note of the Presidency’s progress report. It calls on the incoming Presidency to continue that work and develop an orientation for the next stage of the negotiations, with a view to achieving an agreement in the European Council in autumn 2019.
Every two years, the EU draws a list of PCIs. The latest list was adopted in November 2017. In order to obtain the public’s views on the pertinence and added value of the proposed projects for the upcoming Union list of Projects of Common Interest, a consultation was launched on 22 November 2018. It will be open until the 28th of February 2019. The consultation focuses on specific candidate projects in the field of electricity only.
The EBRD Board of Directors today approved a new energy sector strategy that targets the creation of an energy sector which delivers clean, secure and affordable energy for all. The strategy for the next five years emphasises the scaling-up of investment in renewables, supporting the integration of energy systems, promoting the switch to cleaner and more resilient energy sources and facilitating electrification as a means to clean the economies where the Bank invests, which include some of the least energy-efficient and most polluting economies and cities in the world.
During the COP24 global climate conference in Katowice, the Board of the European Investment Bank (EIB) has approved investment worth hundreds of millions of Euros for projects to fight climate change and help countries to deal with its consequences. Among these projects are wind and solar power schemes, energy efficiency renovations and waste and water management systems.
Tanguy Desrousseaux, responsable des opérations secteur public en France de la Banque européenne d’investissement et Benoît Meugniot, Directeur Général de Bordeaux Métropole Énergies ont signé aujourd’hui un prêt de 37,5 millions d’euros qui permettra à Bordeaux Métropole Énergies d’enclencher la phase d’industrialisation de rénovation énergétique du bâti pour les particuliers (et les entreprises) qui souhaitent améliorer leur confort de vie, réduire leur facture d’énergie et valoriser leur patrimoine. L’entreprise participera ainsi à l’atteinte des objectifs de la Métropole dont la volonté est de réduire durablement les consommations pour devenir une Métropole à énergie positive en 2050.
Norway has achieved its first ever deep renovation using prefabricated components built offsite, thanks to support from H2020 4RinEU project.
On 11 December 2018, the Council endorsed the agreement reached with the European Parliament on the EU budget for 2019. The total commitments are set at €165.8 billion, which is an increase of 3.2% compared with the 2018 budget as amended over the past months. Payments amount to €148.2 billion, 2.4% more than in 2018.
Horizon 2020 project EPC+ has pioneered the use of energy performance contracts (EPC) in the SME sector, which allows investments to be financed by a private energy service company and repaid through the energy savings.