Funding & Financing Update - May 2023

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 modernize district heating (see events section).

REGISTER HERE

During the launch event, attendees will be treated to a presentation on 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 significant upfront investment, making it difficult to secure financing, especially on the private side. The objective of the Working Group on Finance for District Heating is 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 new 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])

On 24 April, the DHC+ Platform organised the Info Day on the calls for proposals for the DHC sector in autumn 2023. We would like to thank all participants who attended this event. You can download the presentation in our member’s area.

Don't hesitate to contact Martin Stroleny ([email protected]) or Gabriele Pesce ([email protected]) if you need any further information.

The LIFE Clean Energy Transition Call for Proposals 2023 is seeking project ideas from stakeholders involved in speeding up Europe's clean energy transition and decarbonisation. To submit your project, you have to apply through the European Commission’s funding & tender opportunities portal.

The European Commission launched new calls for projects as part of Cluster 5 in Horizon Europe's Work Programme for 2023-2024. Cluster 5 focuses on Climate Action, Energy, and Mobility. These calls offer a total of EUR 420.1 million in EU funding, and the deadlines for submission are September 5th and October 10th, 2023.

The European Investment Bank (EIB) Group and BNP Paribas Bank Polska have expanded their collaboration to provide assistance for energy efficiency projects in Poland. The partnership aims to support initiatives that enhance energy efficiency and reduce greenhouse gas emissions. Through this cooperation, the EIB Group and BNP Paribas Bank Polska will offer financing and advisory services to promote sustainable energy practices in the country.