An Investment Plan for Europe was announced by the European Commission in late 2014 as a priority. The objective is to stimulate additional investment in the European economy to promote growth and job creation by mobilising at least EUR 315 billion additional investment and to change the way public money is spent structurally, opening up new investments.
Marie Donnelly is a Director at the European Commission’s Directorate-General for Energy. Here she talks about empowering citizens in the energy transition and her vision of Europe’s energy future.
On Wednesday 3 June, Bure Park Primary School’s Eco Team launched their new solar PV scheme installed with local social enterprise, the Low Carbon Hub. This is the largest sol installation on a primary school in Oxfordshire and the first communityfunded solar scheme in Bicester.
The pressure is on for municipalities to play their part in global energy transition – but where are the funds to fuel these changes? In France’s Essonne a major infrastructural shift towards boosted energy efficiency has begun... bankrolled by the global capital market.
As part of the Horizon 2020 programme, the European Commission is hand-picking potentially disruptive businesses to invest and support as part of the SME Instrument. Successful applicants could receive up to €2.5 million in funding, and world-class business coaching.
Exciting new models of financing for sustainable energy are emerging – and supported by the European Commission’s EUR 80 billion funding program Horizon 2020. Granted EUR 2 million in funding under the Horizon 2020 call EE-20, the RESCOOP MECISE project plans to trigger EUR 111 million of investment into sustainable energy.
Brussels, 15th April 2015 - Today, the European Commission’s Directorate-General for Climate Action (DG CLIMA) launched the report ‘Shifting private finance towards climate friendly investments’ commissioned to the Climate Bonds Initiative, 2 degrees Investing, CDC Climat, Frankfurt School of Finance and Management’s UNEP Collaborating Centre for Climate & Sustainable Energy Finance, and Triple E Consulting.
In October 2014, Örebro Kommun, rated AA+ by Standard and Poors, issued 5 year bonds of SEK 750 million (82 million euro / 104 million USD), to support the funding of projects aimed at facilitating the transition to low-carbon and climate-resilient growth.
Wave Energy Scotland has launched a £7 million innovation call for the development of technology that can accelerate the progress of Power Take-Off (PTO) Systems in the wave energy industry.
This summer, teenagers from Austria and Slovakia will gather at Donau-Auen National Park for the Energy Busters international summer camp. They will spend five days camping outdoors, visiting an array of renewable energy plants, participating in workshops with regional energy stakeholders, and building their own solar cooker at this inspiring, free, energy-focussed summer camp.
‘It’s today’s kids who will be dealing with climate change,’ says entrepreneur Andriy Shmyhelskyy, ‘and it is they who are educating parents on energy efficiency.’
The Schools at University for Climate and Energy (SAUCE) programme has its roots in a 2005 pilot project, ‘Schools At University for Climate and Energy,’ developed byFreie Universität Berlin (FU Berlin)’s Karola Braun-Wanke.
As the European Commission releases its new Energy Union strategy, it is the perfect time for Europe to seize the moment and commit to the creation of a low carbon Energy Union in order to stimulate jobs, growth and competiveness, and reenergise foreign and domestic investment.
Close to 16 million Polish citizens are served by district heating, representing 41 % of the population. However, rehabilitation of the existing transmission and distribution network is urgently required (as almost half of the distribution network is older than 20 years). More than half the heat supplied to the network is produced through traditional installations, consequently there is potential for 25-30% fuel savings by developing heat production in combined heat and power plants.
The European Commission cordially invites energy stakeholders to apply for the organisation of a session during the Policy Conference, or to propose a speaker. If you want to contribute to the debate on the existing sustainable energy policies and how they should evolve and develop in view of the 2030 and 2050 objectives, send us your proposal by Friday 27 March 2015.
Despite the allocation of more than EUR 38 billion of ESI funds to the low carbon economy, the financial resources needed to fulfil the objectives of European 2020 policy are beyond the capacity of the public budget.
January has seen great developments for some of Intelligent Energy Europe (IEE)’s youth energy-awareness projects. With the creation of great new resources and multi-media campaigning tools, as well as the invaluable knowledge sharing offered by this month’s conferences, ongoing IEE projects look set to go from strength to strength this year.
With energy audits on public buildings now compulsory, Ireland’s Energy Authority offers great support systems, tracking, training, education and advice into its new online audit system.