Funding & Financing Update - April 2023
Launch of the EHP Working Group on Finance (NEW DATE)
We are thrilled to announce the launch of a new Working Group on Finance by EHP. The kick-off event is scheduled to take place on Monday, 21st June, from 11:30 to 12:30 CET, right after the EUSEW’s Policy Conference Session, “Fast-tracking the clean heat transition: leveraging private capital to modernise district heating (see events section)
During the launch event, attendees will be presented with the most relevant EU-level funding programs for district heating and cooling. This is an excellent opportunity for industry professionals to come together, share insights and best practices, and collaborate on solutions to overcome the financing challenges of district heating projects.
As you may be aware, district heating projects require a significant upfront investment, making it challenging to secure financing, especially on the private side. The Working Group on Finance for District Heating aims to analyse and promote the financing of district heating projects by sharing best practices, identifying public and private financing opportunities, and innovative financing mechanisms.
In addition, the group will provide technical feedback on EU-level legislative initiatives concerning project finance, support a benchmark analysis on factors that increase or limit investments in heat networks, and propose new funding instruments dedicated to the heating sector, especially for DHC, during the upcoming revision of the EU Budget (technically the MFF). Moreover, the group will be a critical forum for discussions on other important subjects such as State Aid revision, EU Taxonomy criteria, the Innovation Fund, and Modernization Fund.
We invite you to join us for this exciting launch event and be part of this important initiative. Let us come together and create solutions that will propel the district heating industry to greater heights.
For more information, don’t hesitate to contact Gabriele Pesce at ([email protected])
First InvestEU projects by EBRD support sustainable projects
The InvestEU Investment Committee has approved guarantees worth up to around €150 million in the form of framework agreements for the first European Bank for Reconstruction and Development (EBRD) operations in support of green mobility and energy. The EBRD will mobilise more than €1.1 billion in financing to help the EU countries where it operates realise their full green potential.
€100 million for innovative small-scale clean tech projects
The European Commission has launched the third call for small-scale projects under the Innovation Fund, one of the world's largest funding programmes for deploying innovative low-carbon technologies. The new call will make €100 million in grant funding available to small-scale projects in renewable energy, decarbonisation of energy-intensive industries, energy storage, and carbon capture, use and storage.
Save the date: #EULife23 INFO DAYS
On 25 and 26 April, CINEA will hold various virtual information sessions on the LIFE 23 Calls for proposals. These live sessions will guide potential applicants through the LIFE Programme, the Calls for proposals and the priority topics for 2023.
DHC+ Platform Info Day
The DHC+ Platform organised an Info Day on 24 April for both EHP and DHC+ members. It is a great occasion to learn more about Autumn 2023 European funding calls focusing on Horizon Europe and the Innovation Fund. The event will present the most relevant calls and topics for our members, providing key information and allowing learning more about the most prominent upcoming funding opportunities for District Heating and Cooling and related topics.
Please register here for the Info Day by 23 April 2023.