Financing

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POLICY DOCUMENTS

EU State Aid Control, Financing

State Aid

State Aid guidelines

PUBLISHED: December 17, 2020

EGEC Members are invited to provide feedback by 07/01/2021 to the European Commission questionnaire on the review of the State Aid Guidelines. This questionnaire notably looks to identify the most relevant ways to direct state aid to the efficient market uptake of renewable energy technologies.

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POLICY DOCUMENTS

Financing

State Aid

EGEC response to the call for contributions on Competition Policy supporting the Green Deal

PUBLISHED: November 23, 2020

EGEC welcomes the European Commission’s call to revise its competition policy that will support the successful implementation of the European Green Deal.

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POLICY DOCUMENTS

Financing

Sustainable finance

EGEC key recommendations on the sustainable finance and geothermal energy

PUBLISHED: July 16, 2020

The sustainable finance regulation is a key opportunity to unlock the access to public and private finance for key renewable energy technologies, allowing the EU to implement its decarbonisation objectives. The implementation of the sustainable finance regulation, the establishment of a sustainable finance framework and the financing of sustainable investment however requires stakeholders to understand the needs of specific technologies that actively contribute to these objectives.

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POLICY DOCUMENTS

Financing

EIB

EGEC’s inputs to the EIB Group’s Climate Bank Roadmap 2021-2025

PUBLISHED: July 10, 2020

The EIB Group has organised a second round of stakeholder consultation in order to collect more inputs regarding the Bank’s ambition to become the EU’s first Climate Bank.

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POLICY DOCUMENTS

EU Climate and energy framework, Financing

2030 targets

EGEC response to the Public Consultation on the European Renewable Energy Financing Mechanism

PUBLISHED: June 5, 2020

EGEC provided inputs to the process of designing the European Renewable Energy Financing Mechanism, which will finance renewable energy projects across Europe.

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POLICY DOCUMENTS

Financing

Energy infrastructures, Internal market for heat

Open letter to the European Commission on establishing an EU risk management scheme for geothermal energy

PUBLISHED: June 3, 2020

The GEORISK Consortium sent an open letter to DG Energy Director-General Ditte Juul Jørgensen, European Commission, calling for the establishment of an EU risk management scheme for geothermal energy. In particular, this scheme should be tied to instruments that structure the European energy market such as TEN-E or the Connecting Europe Facility.

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POLICY DOCUMENTS

Financing

EIB

Stakeholder engagement on the EIB Group's Climate Bank Roadmap 2021-2025: Turning ambition into reality

PUBLISHED: April 24, 2020

The European Investment Bank (EIB) has declared its ambition to become the EU’s first Climate Bank. It will restructure its financial services for climate and environmental projects and will align all its financial operations in accordance with the Paris Agreement.

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POLICY DOCUMENTS

Financing

Sustainable finance

EGEC inputs to the consultation on the rules for sustainable investments: for a framework in favour of geothermal that does not support fossil fuels

PUBLISHED: April 24, 2020

Inception Impact Assessment on a Delegated Regulation on a climate change mitigation and adaptation.

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POLICY DOCUMENTS

European Green Deal, Financing

Just transition

Ensuring the Just Transition Mechanism delivers robust support for regional transitions to sustainability

PUBLISHED: February 24, 2020

On 14 January 2020 the European Commission proposed a Just Transition Mechanism to mobilise at least €100 billion (over the period 2021-2027) to support regions most affected by the transition towards the zero-carbon economy.

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POLICY DOCUMENTS

Financing, Research, Innovation & Development

Geothermal electricity

EGEC and the French Industry calling for stability for geothermal electricity in France

PUBLISHED: January 16, 2020

Following the proposal in the PPE (multiannual programming for energy) by the French Government to stop financial support to geothermal electricity, EGEC and the French industry call for a stable and forward looking framework.

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