Up to EUR 1,000,000 available for Preparatory Studies Cross Border RES Projects
The European Commission’s (EC) Preparatory Studies Cross Border RES Projects is now open to assist project promoters in selecting the best project concept and setting up the cooperation agreement, allowing for projects to be supported prior to having acquired the status as a cross-border project in the field of renewable energy.
Cross-border RES projects shall promote cross-border cooperation between Member States in the field of planning, development and the cost-effective exploitation of renewable energy sources, as well as facilitate their integration through energy storage facilities and with the aim of contributing to the Union’s long term decarbonisation strategy, completing the internal energy market and enhancing the security of supply.
The purpose of support for preparatory studies is to overcome the obstacles that have in the past prevented cooperation projects from going ahead, such as uncertainty on the allocation of costs and benefits between involved Member States or the additional complexity of setting up cross-border support.
The available call budget is EUR 1 000 000.
Cross-border RES projects are expected to contribute to a cost-effective achievement of renewables target by 2030 in the EU and to the strategic uptake of renewables technologies and is an integral element of the enabling framework for regional and cross-border cooperation on renewables.
In order to be eligible, the applicants (beneficiaries and affiliated entities) must:
be legal entities (public or private bodies)
be established in one of the eligible countries, i.e.:
EU Member States (including overseas countries and territories (OCTs))
listed EEA countries and countries associated to the CEF Programme or countries which are in ongoing negotiations for an association agreement and where the agreement enters into force before grant signature.
For more information, visit https://bit.ly/2Y3wVeY