The purpose of this measure is to allocate the funds from the EU European Regional Development Fund (period 2007-2013) to increase the share of renewable energy sources in energy production. The supported activities are:
- - installing CHP stations with grid connections and infrastructure,
- - fuel switch from fossil fuel to renewable,
- - reconstruction of district grid.
The only investments not supported were for CHP larger than 2 MW electrical and 4 MW thermal energy (outside the islands), and projects with a budget over 50 million Euros.
The projects are evaluated, among other variables, based on technical feasibility, amount of co-investment, sustainability, effect on regional development.