Policy status:In Force
Date Effective:2014
Policy Type:Economic Instruments>Fiscal/financial incentives, Economic Instruments, Economic Instruments>Fiscal/financial incentives>Grants and subsidies
Policy Target:
Agency:IDAE, BBVA, BEI (Fund co-funded by FEDER and IDAE and operated by the European Investment Bank (EIB).
Legal References:Directive 2012/27/EU of the European Parliament and of the Council of 25 October 2012 on energy efficiency
Funding:EUR 123 million (from FEDER funds)

The aim of this fund is to finance urban sustainable development projects to improve energy efficiency, use renewable energies and be developed by energy services companies (ESCOs) or other private enterprises. This fund is to finance all the investments directly bound to the issue of energy efficiency and the use of renewable energies in urban environments, and it is compatible with other public or private funding sources, as well as with subsidies either co-funded or not by the FEDER.

Priority issues:

  • Energy efficiency and energy management (existing and new buildings)
  • Renewable energy projects (solar thermal, solar PV, biomass)
  • Projects related to clean transport, contributing to improvement of energy efficiency and the use of renewable energies

These are the conditions that a project must meet to be fundable:

  1. Being located in one of the Spanish Regions included in F.I.D.A.E. - Andalusia, the Canary Islands, Castile & Leon, Castile-La Mancha, Ceuta, Valencia, Galicia, Melilla & Murcia Region.
  2. Being included in one of the following sectors:
    • Building: public and private buildings
    • Industry: firms of any size
    • Transport: infrastructures, equipment and both public and private transport fleet (for public use).
    • Public services infrastructures related to energy:
      • Outdoor public lighting and traffic lights.
      • Local infrastructures, inclusive of intelligent networks, information technology and communications (TIC) related to priority issues.
  3. Take part in one of the priority issues:
    • Energy Efficiency Projects and energy management:
      • Renovation of existing buildings, with actions on the thermal envelope, heating installations, cooling, lighting, etc.
      • New buildings with energy rating A or B.
      • Renovation or enlargement of the heat/cool existing networks.
    • Renewable Energy Projects:
      • Solar thermal.
      • Solar PV if integrated in an energy efficiency project.
      • Biomass
    • Projects related to clean transport, contributing to improvement of energy efficiency and the use of renewable energies (electric recharge infrastructures for electric or plug-in hybrid vehicles, braking energy recovery from electric public transport, fleet management, electric or hybrid buses, etc.)
  4. Ensuring an acceptable return of the investment.
  5. Being included in an integrated plan for sustainable urban development
  6. Not being finished on receiving the funding.

The management and marketing of JESSICA-F.I.D.A.E. Fund was entrusted by the EIB to BBVA through public tender

25 Energy Efficiency Recommendations Applied:Buildings, Cross-sectoral
Related policies:National Energy Efficiency Fund - 2015

Last modified: Tue, 02 May 2017 17:53:31 CEST