European Investment Bank
The European Investment Bank is responsible for:
- Auctioning the allowances which provide the resources of the Modernisation Fund; these allowances will be auctioned in equal annual volumes from 2021 to 2030, in accordance with the Auctioning Regulation
- Confirming whether an investment is a priority or a non-priority one
- Conducting financial and technical due diligence of non-priority investments, including an assessment of the expected emission reductions
- Managing the assets of the Modernisation Fund
- Transferring the respective resources to the beneficiary Member States following the disbursement decision of the Commission, and keeping track of the use of Member State resources
- Providing the secretariat of the Investment Committee
Confirmations of priority investments
In accordance with Article 10d(6) of the ETS Directive, the European Investment Bank is to confirm whether a proposed investment falls into a priority area. The European Investment Bank may confirm the proposal as a priority investment if the conditions specified in Article 6(7) of the Implementing Regulation are met.
Please find the list of investment proposals, submitted by the Member States, and confirmed by the European Investment Bank as priority investments below.
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2023
- MF 2023-1 BG 0-001 Rolling out of smart meters including necessary infrastructure stage of the project for integration of advanced metering infrastructure
- MF 2023-1 BG 0-002 Integration of Metering Data Management MDM System part of Advanced Metering Infrastructure project
- MF 2023-1 BG 0-003 Modernisation and development of the information systems and physical infrastructure of a licensed distribution network operator with the purpose of accelerated electrification and decarbonisation of energy consumption
- MF 2023-1 BG 0-004 Modernisation, digital transformation and development of the information systems and physical infrastructure of the electricity distribution grid in South-Eastern Bulgaria to enable smart grids for accelerated electrification
- MF 2023-1 CZ 0-001 Modernization of the ŠKO-ENERGO heating plant
- MF 2023-1 CZ 0-002 Modernization of Brno-North” Heat Source for Brno City Heat Energy Supply System
- MF 2023-1 CZ 0-003 Modernization of WtE plant of the SAKO Brno to increase processing capacity and operational efficiency
- MF 2023-1 CZ 0-004 Construction of WtE facility in the Mělník power plant location
- MF 2023-1 CZ 0-005 Energy efficiency and savings in modernisation and development of pipelines in the district heating and cooling (DHC), priority investment of the Programme “HEAT”
- MF 2023-1 CZ 0-007 Replacement of a coal block with a gas source (STAGE I) – Opatovice
- MF 2023-1 CZ 0-008 Waste to energy plant in Písek
- MF 2023-1 CZ 0-009 The Construction of a steam-gas cycle PPC1 at The UE Komořany
- MF 2023-1 CZ 0-010 Waste-to-Energy Facility EVO – Komořany, Most
- MF 2023-1 CZ 0-011 Energy efficiency and energy savings in public buildings (ENERGov Programme)
- MF 2023-1 CZ 0-013 Energy efficiency and energy savings in new buildings for public sector (ENERGov Programme)
- MF 2023-1 HR 0-001 (Subsequent disbursement) – Energy efficiency improvement and high-efficiency cogeneration investments in the manufacturing industry
- MF 2023-1 HR 0-002 (Subsequent Disbursement Request) – State Aid Scheme to support the production of electricity from renewable energy sources
- MF-2023-1 HR-0-003 PV and energy storage for the public water services providers
- MF 2023-1 HR 0-004 Investment in PV by public municipal waste service providers
- MF 2023-1 PL 0-001 The use of alternative fuels for energy purposes
- MF 2023-1 PL 0-002 Cogeneration for District Heating – Part II
- MF 2023-1 RO 0-001 Supporting investments in new production capacities of electricity produced from renewable sources – solar, wind and hydro for self consumption
- MF 2023-1 RO 0-002 Supporting investments in new production capacities of electricity produced from renewable sources – solar, wind and hydro
- MF 2023-1 RO 0-003 Supporting investments in new production capacities of electricity produced from renewable sources – solar, wind and hydro for self-consumption for public institutions
- MF 2023-1 RO 0-004 Support for the modernisation- rehabilitation of the smart district heating network – Type B Projects which do not fall under the incidence of state aid
- MF 2023-1 RO 0-005 Support for the modernisation – rehabilitation of the smart district heating network – Type A Projects which fall under the incidence of state aid
- MF 2023-1 RO 0-006 Supporting investments in new renewable electricity (solar and wind) generation capacities for self-consumption of enterprises in the agricultural and food sectors
2022
First disbursement cycle:
- MF 2022-1 CZ 0-001 Scheme Modernisation of energy sources to natural gas with CHP, Priority investment of the Programme “HEAT”
- MF 2022-1 CZ 0-002 Scheme Modernisation of energy sources to natural gas with CHP priority investments of the Programme “ENERG ETS”
- MF 2022-1 CZ 0-003 Scheme Modernisation of energy sources to natural gas with CHP priority investments of the Programme “ENERG ETS”
- MF 2022-1 CZ 0-004 Scheme Municipal PV – small municipalities priority investment of the “RES+” Programme
- MF 2022-1 CZ 0-005 Scheme Municipal PV – communal renewable energy priority investment of the “RES+” Programme
- MF 2022-1 CZ 0-006 Modernisation of public lighting, priority investment of the Programme “LIGHTPUB”
- MF 2022-1 CZ 0-008 (Subsequent Disbursement Request) Scheme Part B Support for photovoltaic power plants with installed capacity above 1 MW of the “RES+” Programme
- MF 2022-1 HU 0-002 Energy efficiency improvements of district heating infrastructure
- MF 2022-1 HU 0-003 Energy storage instalments for grid security
- MF 2022-1 LT 0-001 Implementation of energy-efficient production technologies in EU-ETS manufacturing enterprises
- MF 2022-1 LT 0-003 Central government public buildings’ renovation increasing energy efficiency
- MF-2022-1-LT-0-005 Development of green hydrogen production capacity
- MF 2022-1 LT 0-006 Renewable energy development in EU-ETS manufacturing enterprises
- MF 2022-1 LT 0-007 Pure electric vehicle purchase incentive
- MF 2022-1 PL 0-001 (Subsequent Disbursement Request) The use of alternative fuels for energy purposes
- MF 2022-1 PL 0-003 Energy-intensive Industry – improving energy efficiency
- MF 2022-1 PL 0-004 Energy-intensive Industry – RES
- MF 2022-1 PL 0-007 The use of alternative fuels for energy purposes
- MF-2022-1-RO-0-001 Construction of a Photovoltaic Park on the Waste Pile Rovinari Est – Open Pit Mining Unit
- MF-2022-1-RO-0-002 Construction of a Photovoltaic Park on the Waste Pile Pinoasa – Open Pit Mining Unit
- MF-2022-1-RO-0-003 Construction of a Photovoltaic Park on the Waste Pile Bohorelu – Jilt Open Pit Mining Unit
- MF-2022-1-RO-0-004 Construction of a Photovoltaic Park on the ash and slag closed deposits of SE Isalnita
- MF-2022-1-RO-0-005 Construction of a Photovoltaic Park on the ash and slag closed deposits of SE Rovinari
- MF-2022-1-RO-0-006 Construction of a Photovoltaic Park on the ash and slag closed deposits of SE Turceni
- MF-2022-1-RO-0-007 Construction of a Photovoltaic Park on the Inner Waste Pile within Tismana 1 – Rosia-Rovinari Open Pit Mining Unit
- MF-2022-1-RO-0-008 Construction of a Photovoltaic Park on the Inner Waste Pile Tismana 2 Rosia – Rovinari Open Pit Mining Unit
- MF 2022-1 RO 0-009 Building a new 400 kV OHL single circuit Gădălin – Suceava, including its interconnection to the National Power Transmission System
- MF 2022-1 RO 0-010 Internal Line between Resita and Timisoara-Săcălaz (PCI 3.22.3.) consisting of new 400 kV OHL Resita-Timisoara-Săcălaz and retrofit to 400 kV of 110-2020 kV Timisoara substation
- MF 2022-1 RO 0-011 Building the 400 kV OHL Timisoara Săcălaz – Arad
- MF 2022-1 RO 0-012 Converting to 400 kV of the OHL Brazi Vest – Teleajen – Stâlpu
- MF 2022-1 RO 0-013 Pilot project – Refurbishment of the 220-110-20 kV Alba Iulia station – in digital concept station
- MF 2022-1 RO 0-014 Installation of two modern means of compensating reactive power in the 400-220-110-20 kV Sibiu Sud and 400-220-110-20 kV Bradu substations
- MF 2022-1 RO 0-015 Optimising the operation of the existing 400 kV OHL in NPS (SEN) used for interconnection and power output fr
- MF 2022-1 RO 0-016 Digitalisation of Electricity Transmission Network in Romania by installing two on-line systems for Metering
- MF 2022-1 RO 0-017 Support for the expansion and modernisation of the electricity distribution network
- MF 2022-1 SK 0-002 (Subsequent Disbursement request) State aid scheme to support the investment to modernise energy systems inc
- MF 2022-1 SK 0-003 (Subsequent Disbursement request) State Aid Scheme to support the investments to modernise energy systems inc
Second disbursement cycle:
- MF 2022-2 CZ 0-001 Energy Efficiency and Energy Savings in houses and buildings for Residential Sector (HouseEnerg Programme)
- MF 2022-2 CZ 0-002 Improving energy efficiency in industrial production under the EU ETS
- MF 2022-2 CZ 0-003 Financial instrument for improving energy efficiency in business (ENERG Programme)
- MF 2022-2 EE 0-001 Programme for improvement of energy efficiency and renewable energy use in public sector buildings
- MF 2022-2 EE 0-002 Energy-efficient low-emission public transport programme – Subsequent Disbursement
- MF 2022-2 HR 0-002 Energy efficiency improvement and high-efficiency cogeneration investments in the manufacturing industry
- MF 2022-2 HR 0-004 Grid scale smart energy storage
- MF 2022-2 HR 0-005 State Aid Scheme to support the production of electricity from renewable energy sources – Subsequent Disbursement
- MF 2022-2 PL 0-001 Smart energy infrastructure – Subsequent Disbursement
- MF 2022-2 PL 0-002 Cogeneration for counties
- MF 2022-2 PL 0-003 Energy for Rural Areas
- MF 2022-2-PL 0-004 Development of cogeneration based on municipal biogas
2021
First disbursement cycle:
- MF 2021-1 CZ 0-001: (Part A): Support for photovoltaic power plants with installed capacity up to 1 MW of the “RES+” Programme (New renewable energy sources)
- MF 2021-1 CZ 0-002: Scheme (Part B): Support for photovoltaic power plants with installed capacity above 1 MW of the “RES+” Programme (New renewable energy sources)
- MF 2021-1 HU 0-001: Development of energy communities
- MF 2021-1 PL 0-003: Smart energy infrastructure
- MF 2021-1 PL 0-004: Renovation with a guarantee of savings
- MF 2021-1 PL 0-006: Development of the power grid for future electric car charging stations
Second disbursement cycle
- MF 2021-2 CZ 0-001 Scheme Part A Modernisation of energy sources priority investments of the Programme HEAT
- MF 2021-2 CZ 0-002 Scheme Part A1 Modernisation of energy production priority investments of the Programme ENERG ETS
- MF 2021-2 CZ 0-003 Scheme Part A Support for photovoltaic power plants with installed capacity up to 1 MW of the “RES+” Programme
- MF 2021-2 EE 0-001 Programme for improvement of energy efficiency and renewable energy use in public sector buildings
- MF 2021-2 EE 0-002 Energy-efficient low-emission public transport programme
- MF 2021-2 HR 0-002 Energy efficiency improvement and generation of electricity from renewable sources of the Dilj production plants
- MF 2021-2 HU 0-001 The modernisation and development of renewable energy based district heating systems
- MF 2021-2 HU 0-002 Development of Energy Communities
- MF 2021-2 LT 0-001 Increase in energy efficiency in agriculture
- MF 2021-2 LT 0-002 Renovation (modernisation) of public buildings owned by municipalities, increasing energy efficiency in them
- MF 2021-2 PL 0-001 Support for the use of storage and other devices for network stabilisation – a scheme for DSOs
- MF 2021-2 PL 0-002 Cogeneration for Energy and Industry
- MF 2021-2 PL 0-003 Cogeneration for District Heating
- MF 2021-2 PL 0-004 The use of alternative fuels for energy purposes
- MF 2021-2 PL 0-005 Digitisation of heating networks
- MF 2021-2 RO 0-009 Building a new 400 kV OHL double circuit Constanta Nord – Medgidia Sud (one circuit equipped)
- MF 2021-2 SK 0-001 State Aid Scheme to support the production of electricity from renewable energy sources from the Modernisation Fund
- MF 2021-2 SK 0-002 State Aid Scheme to support the investments to modernize energy systems, including energy storage and energy efficiency improvement from the Modernisation Fund high-efficiency cogenerations
- MF 2021-2 SK 0-003 State aid scheme to support the investments to modernize energy systems, including energy storage and energy efficiency improvement from the Modernisation Fund – DHC