Title: EU Funding for Sustainable Energy Cohesion Policy support "Meeting the energy grand challenge with the EU budget" Brussels, 27 June 2013
1EU Funding for Sustainable EnergyCohesion
Policy support"Meeting the energy grand
challenge with the EU budget"Brussels, 27 June
2013
- Maud SKĂ„RINGER
- European Commission
- Directorate-General for Regional and Urban Policy
2EU Funding for Sustainable Energy MFF 2014-2020
- Cohesion Policy to allocate some 20 billion
(estimate!) to investments in energy efficiency,
renewable energy, smart grids and urban mobility,
including research and innovation in those areas,
in complementarity with Horizon 2020 - Horizon 2020 some 6.5 billion to be allocated
to research and innovation in "Secure, clean and
efficient energy" - Connecting Europe Facility some 5 billion to
be allocated to investments in TEN-E
infrastructure of highest European added value - Other European Structural and Investment (ESI)
Funds European Agricultural Fund for Rural
Development and European Maritime and Fisheries
Fund - LIFE and COSME might also be relevant for
certain aspects
3Financial Instruments in MFF proposals 2014-2020
Shared Management with MS (Common Provisions
Regulation)
Centrally managed by COM (Financial
Regulation)
Horizon 2020 Equity and Risk Sharing Instruments
- Instruments under Structural and Cohesion Funds
- EU level (central management)
- National/regional instruments (shared management)
- Off-the shelf FIs
- Tailor made FIs
- Significant higher amounts than currently!
Research, Development Innovation
Creative Europe Guarantee Facility
Competitiveness SME (COSME) Equity guarantees
Growth, Jobs and Social Cohesion
Erasmus for all Guarantee Facility
Social Change Innovation
Infrastructure
Connecting Europe Facility (CEF) Risk sharing
(e.g. project bonds) and equity instruments
4Cohesion Policy 2007-2013
Investment policy supporting Europe 2020 growth,
jobs, quality of life and sustainable
development Convergence objective. Regions with
GDP per capita below 75 of EU average. 82 of
funds spent on this objective.
Regional competitiveness and employment
objective. Total 347 billion of EU funds
5Cohesion Policy 07-13 ( 347 billion)
European Regional Development Fund (ERDF)
Cohesion Fund
European Social Fund (ESF)
DG REGIO
DG EMPLOYMENT
6Cohesion Policy 2007-2013 Commission Strategic
Report 2013
- More details on implementation, outputs and
results so far in the Commission Strategic Report
2013 - See in particular the Thematic Factsheet on
Energy - http//ec.europa.eu/regional_policy/how/policy/str
ategic_report_en.cfm
7Commission proposal for Cohesion Policy 2014-2020
Aspects related to Sustainable Energy
8Thematic Objectives
- Research and innovation
- Information and Communication Technologies
- Competitiveness of Small and Medium-Sized
Enterprises (SME) - Shift to a low-carbon economy
- Climate change adaptation and risk management and
prevention - Environmental protection and resource efficiency
- Sustainable transport
- Employment and support for labour mobility
- Social inclusion and poverty reduction
- Education, skills and lifelong learning
- Increased institutional capacity and
effectiveness of public administration
smart
Europe 2020
sustainable
inclusive
9Concentration of ERDF proposed for 2014-2020
Research and Innovation
Less developed regions
Developed regions transition regions
No more ceiling for investing in EE in housing
(currently maximum 4 of ERDF)
10Investments in Sustainable Energy in 2014-2020
Cohesion Policy
- "Supporting the shift towards a low-carbon
economy in all sectors" 5 investment priorities
proposed by the Commission for ERDF and CF - Promoting the production and distribution of RES
- Promoting EE and RES use in SMEs
- Supporting EE and RES use in public
infrastructures and in the housing sector
(housing only ERDF) - Developing smart distribution systems at low
voltage levels ("smart grids") - Promoting low-carbon strategies for urban areas
11Investments in Sustainable Energy in 2014-2020
Cohesion Policy
- "Supporting the shift towards a low-carbon
economy in all sectors" Discussions in the
Trilogue on fine-tuning of wording and possible
further investment priorities - Possibly separate investment priorities on
research and innovation in low-carbon
technologies and on high-efficiency co-generation
of heat and power - Possibly support also to large enterprises in
this area - Possibly low-carbon strategies for all types of
territories, and possible inclusion of urban
mobility - Exact levels for ERDF concentration also
discussed!
12Investments in Sustainable Energy in 2014-2020
Cohesion Policy
- Discussions in the Trilogue also on possible
further ERDF investment priority under "Promoting
sustainable transport and removing key network
infrastructures" - Possibly support to improving energy efficiency
and security of supply through the development of
smart energy distribution, storage and
transmission systems and integration of
distributed generation from renewable sources
13Investments in Sustainable Energy in 2014-2020
Cohesion Policy
- To ensure better spending of ERDF /CF resources,
MS will have to fulfil ex ante conditionalities
relating to those investment priorities, e.g.
linked to the Energy Performance of Buildings
Directive or the Renewable Energy Directive.
14Indicative actions of high EU added value
- Innovative renewable energy technologies, in
particular technologies mentioned in the SET-Plan
and in the Energy Roadmap 2050, along with 2nd
and 3rd generation biofuels - Supporting marine-based renewable energy
production - Investment in the wider use of Energy Performance
Contracting in the public buildings and housing
sectors - Energy efficiency and renewable heating and
cooling in public buildings, in particular
demonstration of zero-emission and
positive-energy buildings, and deep renovation of
existing buildings to beyond cost-optimal levels - EE and RES in SMEs, including information
campaigns - Integrated low-carbon strategies and sustaianble
energy action plans for urban areas, including
public lighting systems and smart grids
15Implementation Principles Energy
- Mainly private sector investment. Ensure that
public funding complements private investment,
leveraging it and not crowding it out - EE Consider creating value for energy savings
through market mechanisms before public funding
(energy saving obligations, energy service
companies) - Financial instruments to be used where potential
for private revenue or cost savings is large - For physical investment, grants to be used
primarily - to address market failures
- to support innovative technologies
- to support investments beyond cost-optimal EE
performance ensure energy savings and GHG
emission reductions above "business as usual"!
16Financial instruments 2014-2020
- Background
- Increased importance of financial instruments in
implementing EU budget resources in future
(Budget review, 5th Cohesion Report, MFF) - EU central level / "direct management" "EU Debt
and Equity Platforms" to serve as standardised
rules for FIs using EU budget - Regional Policy / "shared management"
Strengthening and expansion of FIs in the context
of Cohesion Policy - European Structural and Investment (ESI) Funds
legislative framework 2014-2020 to - provide a clear set of rules, based on existing
experience / guidance, - facilitate wider and more flexible use (e.g.
capture synergies with grants, wider thematic
scope, more implementation options), - ensure better targeting, budgeting and monitoring
of FIs, - achieve compatibility with financial instruments
at EU level.
17Links to Research and Innovation Strategies for
Smart Specialisation
- Future Cohesion Policy Ex-ante conditionality on
'National or regional research and innovation
strategies for smart specalisation' - In assessing their position and assets in the
context of the development and implementation of
their strategies, MS and regions are invited to
make full use of the knowledge developed in the
framework of the SET-Plan and the Intelligent
Energy Europe Programme. - A certain number of regions can be expected to
decide that they will focus Cohesion Policy
resources for RTDI in the area of RES or EE.
18Example Smart specialisation Green Building
Clusterof Lower Austria
- Connects construction and building professionals
with researchers to address challenges such as
climate change and enables innovation through
cooperation. - Involves about 200 members, of which 80 SMEs.
Other members include larger companies, research
and education institutions and associations.
Companies active in all areas of energy efficient
and sustainable building, refurbishment, energy
management and energy technologies. - RegioStars awards finalist 2011
- ERDF co-financing 937.370
- http//www.ecoplus.at/en/ecoplus/cluster/green-bui
lding
19More information
Cohesion Policy Project Examples http//ec.euro
pa.eu/regional_policy/projects/stories/index_en.cf
m Policy Learning Database http//ec.europa.eu/re
gional_policy/cooperation/interregional/ecochange/
studies_en.cfm?nmenu5 Expert Evaluation Network
reports on RES and EE in housing http//ec.europa
.eu/regional_policy/information/evaluations/index_
en.cfm1 JESSICA horizontal (thematic) studies
http//ec.europa.eu/regional_policy/thefunds/inst
ruments/jessica_horizontal_en.cfm REGIO case
study Wave Hub project, UK http//ec.europa.eu/
regional_policy/projects/practices/details.cfm?pay
UKthe68sto2458regionALLlan7objALLperA
LLdefLEN REGIO case study ERDF Promotion of
renewable energy sources in Burgenland,
AT http//ec.europa.eu/regional_policy/atlas2007/
austria/at11_en.htm COCOF technical meeting on
sustainable energy March 2011 http//ec.europa.eu
/regional_policy/conferences/energy2011/index_en.c
fm Regions for Economic Change Conference May
2010 Energy efficiency workshop
(2A) http//ec.europa.eu/regional_policy/conferen
ces/sustainable-growth/programme_en.cfm?nmenu4 Pr
actical Guide to EU funding opportunities for
Research and Innovation http//cordis.europa.eu/
eu-funding-guide/home_en.html Smart
specialisation platform http//s3platform.jrc.ec.
europa.eu/home Intelligent Energy Europe
Projects http//eaci-projects.eu/iee/page/Page.js
p ICT-specific guide on energy efficiency http//
ec.europa.eu/information_society/activities/sustai
nable_growth/ict4ee_wiki/index_en.htm
20More information on financial instruments
- Commission Staff Working Document - Financial
Instruments in Cohesion Policyhttp//ec.europa.eu
/regional_policy/sources/docoffic/official/communi
c/financial/financial_instruments_2012_en.pdf - Factsheet Financial Instruments in Cohesion
Policy 2014-2020http//ec.europa.eu/regional_poli
cy/sources/docgener/informat/2014/financial_instru
ments_en.pdf - Panorama Autumn 2012 Using financial instruments
to leverage support for regional policy
http//ec.europa.eu/regional_policy/sources/docgen
er/panorama/pdf/mag43/mag43_en.pdf - Financial Instruments A Stock-taking Exercise in
Preparation for the 2014-2020 Programming
Periodhttp//ec.europa.eu/regional_policy/thefund
s/instruments/doc/fls_stocktaking_final.pdf