| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/12/1385 (18.12.12) |
| Publication Date | 18/12/2012 |
| Content Type | News |
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The European Commission has awarded over €1.2 billion in funding to 23 highly innovative renewable energy demonstration projects under the first call for proposals for the so-called NER300 funding programme. Projects will be co-financed with revenues obtained from the sale of 200 million emission allowances from the new entrants' reserve (NER) of the EU Emissions Trading System. The projects cover a wide range of renewable technologies - bioenergy (including advanced biofuels), concentrated solar power, geothermal power, wind, ocean energy and distributed renewable management (smart grids). |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-12-1385_en.htm |
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| Subject Categories | Energy |
| Countries / Regions | Europe |
