EU RENEWABLE ENERGY
EU climate and energy policies drive demand for innovative renewable energy technologies, products, and services that will help EU Members States achieve their ambitious climate change and energy objectives.
New EU Guidelines on state aid for renewables
As of January 2017, state aid to renewable energy installations will only be permitted to be granted in competitive bidding processes, with the objective to phase-out feed-in tariffs. The EC adopted new Guidelines on April 9, 2014 to this effect.
US-EU ENERGY COUNCIL
Trans-Atlantic Cooperation: Read about the US-EU Energy Council meeting in Brussels on April 2, 2014.
EU 2030 GOALS:
EC’s proposed Package of measures was published in January 2014.
EU RENEWABLE ENERGY AND ENERGY EFFICIENCY LEGISLATION
→ EU 2020 GOALS
In 2007, the European Council launched the so-called “Europe 20-20-20” strategy, which proposed three goals:
For more, go to DG ENERGY website
→ Renewable Energy Directive (RED)
RED: The Renewable Energy Directive (“RED” 2009/28/EC), approved in April 2009, provides the framework for the promotion of energy from renewable sources. The RED sets out clear renewable energy targets to be achieved by each EU Member State by 2020.
DATABASE: The EC has developed a database on its website, which provides information on national legislation related to support schemes, grid issues, national action plans and policies for energy derived from renewable sources covering all three energy sectors (electricity, heating & cooling and transport).
PORTAL: The EU Energy Portal contains information on prices, market trends and industry reports listed for all EU member States.
For our report on the EU Renewable Energy Directive, click here.
→ Energy Efficiency Directive (EED)
The 2012 Energy Efficiency Directive (2012/27/EU) is a framework Directive which provides common measures for the promotion of energy efficiency in order to achieve the 2020 targets mentioned above and pave the way for further energy efficiency improvements beyond 2020.
→ Energy Performance of Buildings Directive (EPBD)
The revised EPBD (2010/31/EU), adopted in 2010, serves as one of the EU’s more important pieces of green legislation developed to help meet 20-20-20 targets.
→ EU Hydrocarbon Directive
The EU Hydrocarbon Directive outlines rules for conditions for granting authorization for prospection, exploration and production and extraction of unconventional fossil fuels.
For our Report on the EU Hydrocarbon Directive, click here.
In January 2014, the EC published additional guidance on shale gas in the EU: for the EC Recommendation on minimum environmental safeguards and principles for fracking technologies, click here.
EU Guidelines on government financing of renewables
EC Communication on Member States’ intervention in electricity and guidance in designing support schemes for electricity from renewables (Nov 2013)
New EU State Aid Guidelines on financing renewables (April 2013): Feed-in tariffs and fixed price mechanisms are progressively replaced by competitive bidding processes aimed at limiting market distortions.
The EU Cohesion Fund
Energy efficiency measures can be financed from the EU Cohesion Fund.
The European Investment Bank (EIB)
As an EU financial institution, the EIB finances the development of infrastructure, including renewable energy projects. The EIB finances mature renewable technology projects such as onshore wind farms, hydropower, geothermal and solid biomass. However, it has also expanded its financing to new and emerging technologies such as offshore wind, photovoltaic, concentrated solar power and second-generation biofuels.
The Marguerite Fund
The 2020 European Fund for Energy, Climate Change and Infrastructure is an investment fund sponsored by major European financial institutions, the EIB and the EC and offers investors in mature renewable technologies support in debt financing.
The European Energy Efficiency Fund
The European Energy Efficiency Fund (EEEF) is an innovative public-private partnership dedicated to mitigating climate change through energy efficiency measures and the use of renewable energy in the EU Member States
The Connecting Europe Facility (CEF)
EU Funds for Trans-European Networks (TENs) projects in the energy, environment and telecom sectors are available during the 2014-2020 period through the Connecting Europe Facility fund.
Horizon 2020: The EU Framework Program for Research and Innovation 2014-2020
With Horizon 2020, the EU supports research and technological development in a wide range of RES sectors. Additional priorities in the Horizon 2020 program include excellent science (which includes future and emerging technologies), industrial leadership and societal challenges (which includes RES and energy efficiency).
The Strategic Energy Technology Plan intends to finance demonstration projects in the following sectors: wind, solar, electricity networks, Carbon Capture Storage, nuclear, bioenergy, fuel cells and hydrogen, and energy efficiency.
The NER300 program also finances demonstration projects with the aim of developing 12 Carbon Capture and Storage operational plants by 2015.
Contact the U.S. Commercial Service
Please visit the Renewable Energy and Energy Efficiency U.S. Exporter Portal
If you have additional questions, please send an email to the following address: Office.BrusselsEC@trade.gov and reference "Renewables" in the subject line.