Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2015) 484 final (8.10.15) |
Publication Date | 08/10/2015 |
Content Type | Policy-making, Report |
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. Information on all the EEPR projects, as adopted in 2010, are visualised on an interactive map produced by DG Energy and available on its website [see Related URL]. This report sets out, for each part of the EEPR, the progress made in implementing the projects and the European Energy Efficiency Fund (EEE F). It follows the report which was adopted in 2014. It covers the implementation of the projects between 31 August 2014 and 30 June 2015 and the payments made during that period. At the end of June 2015, 34 projects out of 59 were fully completed, and a total amount of €1,860,487,739 has been paid to the beneficiaries. Most projects are completed and promoters are expected to present the final payment request by the end of this year. The situation for the gas and electricty infrastructures is generally positive and the remaining eight projects are on track while one project currently suspended. Some difficulties remain, especially for the Off-Shore Wind Energy (OWE) integration in the grid and CCS. This is notably due to the high costs of the new technologies and the higher than initially expected financial risk involved. |
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Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2015:484:FIN |
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Subject Categories | Energy |
Countries / Regions | Europe |