| Author (Corporate) | European Commission |
|---|---|
| Series Title | COM |
| Series Details | (2016) 743 final (28.11.16) |
| Publication Date | 28/11/2016 |
| Content Type | Policy-making, Report |
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Energy infrastructure and innovation, the driving forces behind the European Energy Programme for Recovery (EEPR), remain as important now as they were in 2009 when the EEPR was set up. All EEPR projects were adopted in 2010. This report sets out, for each part of the EEPR, the progress made in implementing the projects and the European Energy Efficiency Fund (EEEF). It follows the report adopted in 2015 and covers the implementation of the projects between 31 August 2015 and 30 June 2016 and the payments made during that period. At the end of June 2016, 37 projects out of 59 have been fully completed, and a total amount of €2,122,297,449 has been paid to the beneficiaries. The situation for the gas and electricty infrastructures is now totally clarified and the remaining six projects are on track with one currently being suspended. Most projects are completed and promoters are expected to present the final payment request by the end of this year. Substantial progress was made by the promoters for the Off-Shore Wind Energy (OWE) integration in the grid whilst some clarifications were obtained regarding the remaining CCS projects. The Commission has opted for maintaining its financial support to the investors as long as it remains clear that a Final Investment Decision (FID) is possible. |
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| Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2016:743:FIN |
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| Subject Categories | Energy |
| Countries / Regions | Europe |
