Year:2009 (March 24th)
Policy status:In Force
Date Effective:2009 (March 24th)
Policy Type:Economic Instruments>Direct investment>Infrastructure investments
Policy Target:Multiple RE Sources>CHP, Multiple RE Sources>Heating
Policy Sector:Multi-sectoral Policy
Agency:Environmental Investment Centre
Legal References:
Funding:EU ERF

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.

Last modified: Wed, 20 Mar 2013 14:38:49 CET