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.
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