What changed, Regulation (EC) No 663/2009

+ ## CHAPTER I / **INTRODUCTORY PROVISIONS**
− ### art_1
+ ### Article 1 — Subject matter
− Article 1
+ (a) gas and electricity infrastructures;
− | (a) | gas and electricity infrastructures; |
− | --- | --- |
+ (b) offshore wind energy; and
− | (b) | offshore wind energy; and |
− | --- | --- |
+ (c) carbon capture and storage.
− | (c) | carbon capture and storage. |
− | --- | --- |
+ This Regulation provides for the creation of a financial facility (the facility) to support energy efficiency and renewable energy initiatives.
− ### art_2
+ ### Article 2 — Definitions
− Article 2
+ (a) ‘carbon capture and storage’ means the capture of carbon dioxide (CO2) from industrial installations, its transport to a storage site and its injection into a suitable underground geological formation for the purposes of permanent storage;
+ 
+ (b) ‘eligible costs’ has the same meaning as in Regulation (EC, Euratom) No 2342/2002;
+ 
+ (c) ‘gas and electricity infrastructures’ means:
+ 
+ (i) all high-voltage lines, excluding those of distribution networks, and submarine links, provided that this infrastructure is used for interregional or international transmission or connection;
+ 
+ (ii) high-pressure gas pipelines, excluding those of distribution networks;
− | (a) | ‘carbon capture and storage’ means the capture of carbon dioxide (CO2) from industrial installations, its transport to a storage site and its injection into a suitable underground geological formation for the purposes of permanent storage; |
− | --- | --- |
+ (iii) underground storage facilities connected to the high-pressure gas pipelines referred to in point (ii);
− | (b) | ‘eligible costs’ has the same meaning as in Regulation (EC, Euratom) No 2342/2002; |
− | --- | --- |
+ (iv) reception, storage and regasification facilities for liquefied natural gas (LNG); and
− | (c) | ‘gas and electricity infrastructures’ means:(i)all high-voltage lines, excluding those of distribution networks, and submarine links, provided that this infrastructure is used for interregional or international transmission or connection;(ii)high-pressure gas pipelines, excluding those of di…
− | --- | --- |
− | (i) | all high-voltage lines, excluding those of distribution networks, and submarine links, provided that this infrastructure is used for interregional or international transmission or connection; |
− | (ii) | high-pressure gas pipelines, excluding those of distribution networks; |
− | (iii) | underground storage facilities connected to the high-pressure gas pipelines referred to in point (ii); |
− | (iv) | reception, storage and regasification facilities for liquefied natural gas (LNG); and |
− | (v) | any equipment or installations essential for the infrastructure referred to in points (i), (ii), (iii) or (iv) to operate properly, including protection, monitoring and control systems; |
+ (v) any equipment or installations essential for the infrastructure referred to in points (i), (ii), (iii) or (iv) to operate properly, including protection, monitoring and control systems;
− | (d) | ‘part of a project’ means any activity that is independent financially, technically or over time and which contributes to the completion of a project; |
− | --- | --- |
+ (d) ‘part of a project’ means any activity that is independent financially, technically or over time and which contributes to the completion of a project;
− | (e) | ‘investment phase’ means the phase of a project during which construction takes place and capital costs are incurred; |
− | --- | --- |
+ (e) ‘investment phase’ means the phase of a project during which construction takes place and capital costs are incurred;
− | (f) | ‘offshore wind energy’ means the electric power generated from turbine engines powered by wind and situated in the sea, whether near or far from the shore; |
− | --- | --- |
+ (f) ‘offshore wind energy’ means the electric power generated from turbine engines powered by wind and situated in the sea, whether near or far from the shore;
− | (g) | ‘planning phase’ means the phase of a project that precedes the investment phase, during which project implementation is prepared, and includes, where appropriate, feasibility assessment, preparatory and technical studies, obtaining licences and authorisations and incurring capital costs. |
− | --- | --- |
+ (g) ‘planning phase’ means the phase of a project that precedes the investment phase, during which project implementation is prepared, and includes, where appropriate, feasibility assessment, preparatory and technical studies, obtaining licences and authorisations and incurring capital costs.
− ### art_3
+ ### Article 3 — Budget
− Article 3
+ 
+ (a) gas and electricity infrastructure projects: EUR 2 365 000 000;
+ (b) offshore wind energy projects: EUR 565 000 000;
− | (a) | gas and electricity infrastructure projects: EUR 2 365 000 000; |
− | --- | --- |
+ (c) carbon capture and storage projects: EUR 1 050 000 000.
− | (b) | offshore wind energy projects: EUR 565 000 000; |
− | --- | --- |
+ 2. Individual legal commitments under Chapter II implementing the budgetary commitments made in 2009 and 2010 shall be made by 31 December 2010. Individual legal commitments under Chapter IIa shall be made by 31 March 2011.
− | (c) | carbon capture and storage projects: EUR 1 050 000 000. |
− | --- | --- |
+ 3. The financial intermediaries described in Annex II shall endeavour to allocate all the funding from the Union contribution available in the facility to investment projects and to technical assistance for energy efficiency and renewable energy projects by 31 March 2014. No funding from the Union c…
− 2. Individual legal commitments implementing the budgetary commitments made in 2009 and 2010 shall be made by 31 December 2010.
+ ## *SECTION 1* / ***Gas and electricity infrastructure projects***
− ### art_4
+ ### Article 4 — Objectives
− Article 4
+ (a) security and diversification of sources of energy, routes and supplies;
− | (a) | security and diversification of sources of energy, routes and supplies; |
− | --- | --- |
+ (b) the optimisation of the capacity of the energy network and the integration of the internal energy market, in particular concerning cross-border sections;
− | (b) | the optimisation of the capacity of the energy network and the integration of the internal energy market, in particular concerning cross-border sections; |
− | --- | --- |
+ (c) the development of the network to strengthen economic and social cohesion by reducing the isolation of the least favoured regions or islands of the Community;
− | (c) | the development of the network to strengthen economic and social cohesion by reducing the isolation of the least favoured regions or islands of the Community; |
− | --- | --- |
+ (d) the connection and integration of renewable energy resources; and
− | (d) | the connection and integration of renewable energy resources; and |
− | --- | --- |
− 
− | (e) | the safety, reliability and interoperability of interconnected energy networks, including the ability to use multidirectional gas flows where necessary. |
− | --- | --- |
+ (e) the safety, reliability and interoperability of interconnected energy networks, including the ability to use multidirectional gas flows where necessary.
− ### art_5
+ ### Article 5 — Priorities
− Article 5
+ ### Article 6 — Granting of Community financial assistance
− ### art_6
− 
− Article 6
+ ### Article 7 — Eligibility
− ### art_7
− 
− Article 7
+ (a) by one or several Member States, acting jointly;
+ 
+ (b) with the agreement of all Member States directly concerned by the project in question:
+ 
+ (i) by one or several public or private undertakings or bodies acting jointly;
+ 
+ (ii) by one or several international organisations acting jointly; or
− | (a) | by one or several Member States, acting jointly; |
− | --- | --- |
+ (iii) by a joint undertaking.
− | (b) | with the agreement of all Member States directly concerned by the project in question:(i)by one or several public or private undertakings or bodies acting jointly;(ii)by one or several international organisations acting jointly; or(iii)by a joint undertaking. |
− | --- | --- |
− | (i) | by one or several public or private undertakings or bodies acting jointly; |
− | (ii) | by one or several international organisations acting jointly; or |
− | (iii) | by a joint undertaking. |
+ ### Article 8 — Selection and award criteria
− ### art_8
− Article 8
− 
+ (a) the soundness and technical adequacy of the approach;
− | (a) | the soundness and technical adequacy of the approach; |
− | --- | --- |
+ (b) the soundness of the financial package for the full investment phase of the action.
− | (b) | the soundness of the financial package for the full investment phase of the action. |
− | --- | --- |
+ (a) maturity, defined as reaching the investment stage, and incurring substantial capital expenditure by the end of 2010;
− | (a) | maturity, defined as reaching the investment stage, and incurring substantial capital expenditure by the end of 2010; |
− | --- | --- |
+ (b) the extent to which lack of access to finance is delaying the implementation of the action;
− | (b) | the extent to which lack of access to finance is delaying the implementation of the action; |
− | --- | --- |
+ (c) the extent to which EEPR assistance will stimulate public and private finance;
− | (c) | the extent to which EEPR assistance will stimulate public and private finance; |
− | --- | --- |
+ (d) socioeconomic impacts;
− | (d) | socioeconomic impacts; |
− | --- | --- |
+ (e) environmental impacts;
− | (e) | environmental impacts; |
− | --- | --- |
+ (f) the contribution to the continuity and interoperability of the energy network, and to the optimisation of its capacity;
− | (f) | the contribution to the continuity and interoperability of the energy network, and to the optimisation of its capacity; |
− | --- | --- |
+ (g) the contribution to the improvement of service quality, safety and security;
− | (g) | the contribution to the improvement of service quality, safety and security; |
− | --- | --- |
+ (h) the contribution to the creation of a well-integrated energy market.
− | (h) | the contribution to the creation of a well-integrated energy market. |
− | --- | --- |
− 
− ### art_9
+ ### Article 9 — Funding conditions
− Article 9
+ ### Article 10 — Instruments
− ### art_10
− Article 10
− 
+ ### Article 11 — Member States’ financial responsibilities
− ### art_11
− 
− Article 11
+ ## *SECTION 2* / ***Offshore wind projects***
− ### art_12
+ ### Article 12 — Granting of EEPR assistance
− Article 12
+ ### Article 13 — Eligibility
− ### art_13
− 
− Article 13
+ ### Article 14 — Selection and award criteria
− ### art_14
− 
− Article 14
+ (a) the soundness and technical adequacy of the approach;
− | (a) | the soundness and technical adequacy of the approach; |
− | --- | --- |
+ (b) the soundness of the financial package for the full investment phase of the project.
− | (b) | the soundness of the financial package for the full investment phase of the project. |
− | --- | --- |
+ 
+ (a) maturity, defined as reaching the investment stage, and incurring substantial capital expenditure by the end of 2010;
+ 
+ (b) the extent to which lack of access to finance is delaying the implementation of the action;
+ (c) the extent to which the project improves or increases the scale of installations and infrastructures that are already under construction, or are in the planning phase;
+ 
+ (d) the extent to which the project includes the construction of full-size and industrial-scale installations and infrastructures, and addresses in particular the following matters:
+ 
+ (i) the balancing of the variability of wind electricity through integrative systems;
− | (a) | maturity, defined as reaching the investment stage, and incurring substantial capital expenditure by the end of 2010; |
− | --- | --- |
+ (ii) the existence of large-scale storage systems;
+ 
+ (iii) the management of wind farms as virtual power plants (more than 1 GW);
− | (b) | the extent to which lack of access to finance is delaying the implementation of the action; |
− | --- | --- |
+ (iv) the existence of turbines placed further from the shore or in deeper waters (20 to 50 m) than is currently standard;
− | (c) | the extent to which the project improves or increases the scale of installations and infrastructures that are already under construction, or are in the planning phase; |
− | --- | --- |
+ (v) novel sub-structure designs; or
− | (d) | the extent to which the project includes the construction of full-size and industrial-scale installations and infrastructures, and addresses in particular the following matters:(i)the balancing of the variability of wind electricity through integrative systems;(ii)the existence of large-scal…
− | --- | --- |
− | (i) | the balancing of the variability of wind electricity through integrative systems; |
− | (ii) | the existence of large-scale storage systems; |
− | (iii) | the management of wind farms as virtual power plants (more than 1 GW); |
− | (iv) | the existence of turbines placed further from the shore or in deeper waters (20 to 50 m) than is currently standard; |
− | (v) | novel sub-structure designs; or |
− | (vi) | processes for assembly, installation, operation and decommissioning and testing of these processes in life-size projects; |
+ (vi) processes for assembly, installation, operation and decommissioning and testing of these processes in life-size projects;
− | (e) | the innovative features of the project and the extent to which it will demonstrate the implementation of such features; |
− | --- | --- |
+ (e) the innovative features of the project and the extent to which it will demonstrate the implementation of such features;
− | (f) | the impact of the project and its contribution to the Community’s offshore wind grid system, including its replication potential; |
− | --- | --- |
+ (f) the impact of the project and its contribution to the Community’s offshore wind grid system, including its replication potential;
− | (g) | the commitment demonstrated by the beneficiaries to disseminate to other European operators the results of technological advances made by the project in a manner compatible with Community law and in particular with the objectives and structures outlined in the Strategic Energy Technology Pla…
− | --- | --- |
+ (g) the commitment demonstrated by the beneficiaries to disseminate to other European operators the results of technological advances made by the project in a manner compatible with Community law and in particular with the objectives and structures outlined in the Strategic Energy Technology Plan fo…
− ### art_15
+ ### Article 15 — Funding conditions
− Article 15
+ ### Article 16 — Instruments
− ### art_16
− Article 16
− 
+ ## *SECTION 3* / ***Carbon capture and storage projects***
− ### art_17
+ ### Article 17 — Granting of EEPR assistance
− Article 17
+ ### Article 18 — Eligibility
− ### art_18
− 
− Article 18
+ (a) the projects demonstrate that they have the ability to capture at least 80 % of CO2 in industrial installations and to transport and geologically store this CO2 safely underground;
− | (a) | the projects demonstrate that they have the ability to capture at least 80 % of CO2 in industrial installations and to transport and geologically store this CO2 safely underground; |
− | --- | --- |
+ (b) in power installations, CO2 capture is demonstrated on an installation of at least 250 MW electrical output or equivalent;
− | (b) | in power installations, CO2 capture is demonstrated on an installation of at least 250 MW electrical output or equivalent; |
− | --- | --- |
+ (c) project promoters make a binding declaration that the generic knowledge generated by the demonstration plant will be made available to the wider industry and to the Commission to contribute to the Strategic Energy Technology Plan for Europe.
− | (c) | project promoters make a binding declaration that the generic knowledge generated by the demonstration plant will be made available to the wider industry and to the Commission to contribute to the Strategic Energy Technology Plan for Europe. |
− | --- | --- |
+ ### Article 19 — Selection and award criteria
− ### art_19
− Article 19
− 
+ (a) the soundness and technical adequacy of the approach;
− | (a) | the soundness and technical adequacy of the approach; |
− | --- | --- |
+ (b) maturity, defined as reaching the investment stage, which includes exploration and development of storage options, and incurring substantial investment-related expenditure for the project by the end of 2010;
− | (b) | maturity, defined as reaching the investment stage, which includes exploration and development of storage options, and incurring substantial investment-related expenditure for the project by the end of 2010; |
− | --- | --- |
+ (c) the soundness of the financial package for the full investment phase of the project;
− | (c) | the soundness of the financial package for the full investment phase of the project; |
− | --- | --- |
+ (d) identification of all necessary permits required for construction and operation of the project at the proposed site(s) and the existence of a strategy to secure those permits.
− | (d) | identification of all necessary permits required for construction and operation of the project at the proposed site(s) and the existence of a strategy to secure those permits. |
− | --- | --- |
+ (a) the extent to which lack of access to finance is delaying the implementation of the action;
− | (a) | the extent to which lack of access to finance is delaying the implementation of the action; |
− | --- | --- |
+ (b) requested funding per tonne of CO2 to be abated in the first five years of operation of the project;
− | (b) | requested funding per tonne of CO2 to be abated in the first five years of operation of the project; |
− | --- | --- |
+ (c) the complexity of the project and level of innovation of the overall installation including other accompanying research activities and the commitment demonstrated by the beneficiaries to disseminate to other European operators the results of the technological advances made by the project in a ma…
− | (c) | the complexity of the project and level of innovation of the overall installation including other accompanying research activities and the commitment demonstrated by the beneficiaries to disseminate to other European operators the results of the technological advances made by the project in …
− | --- | --- |
+ (d) the soundness and adequacy of the management plan including, in relation to the scientific, engineering and technical information and data contained therein, demonstration of readiness of the proposed concept to achieve operation of the project by 31 December 2015.
− | (d) | the soundness and adequacy of the management plan including, in relation to the scientific, engineering and technical information and data contained therein, demonstration of readiness of the proposed concept to achieve operation of the project by 31 December 2015. |
− | --- | --- |
+ ### Article 20 — Funding conditions
− ### art_20
− Article 20
− 
+ ### Article 21 — Instruments
− ### art_21
− 
− Article 21
+ ## CHAPTER IIa / **FINANCIAL FACILITY**
− ### art_22
+ ### Article 21a — Funding that cannot be committed under Chapter II
− Article 22
+ 1. Funding which according to Article 3(2) cannot be subject to individual legal commitments under Chapter II for an amount of EUR 146 344 644,50 shall be for the facility referred to in the fourth paragraph of Article 1, for the purpose of developing suitable funding instruments in cooperation with…
− 1. A part of the Community assistance for the projects listed in the Annex may be granted through a contribution to an appropriate instrument under the resources of the European Investment Bank. That contribution shall not exceed EUR 500 000 000.
+ 2. The facility shall be implemented in compliance with Annex II. Article 23(1) shall not apply to the facility.
− 2. The Community exposure to the loan guarantee instrument or other financing instrument, including management fees and other eligible costs, shall be limited to the amount of the Community contribution to that instrument and there shall be no further liability on the general budget of the European …
+ 3. The Union’s exposure to the facility, including management fees and other eligible costs, shall be limited to the amount of the Union contribution to that facility specified in paragraph 1, and there shall be no further liability on the general budget of the Union.
− 3. The Commission, acting in accordance with the management procedure referred to in Article 26(2), shall decide on the amount of EEPR assistance to be granted to that instrument. The Commission and the European Investment Bank shall conclude a memorandum of understanding specifying the conditions a…
+ ## CHAPTER III / **COMMON PROVISIONS**
− ### art_23
+ ### Article 23 — Programming and implementing arrangements
− Article 23
+ 
+ 2. EEPR assistance shall cover only project-related expenditure incurred by the beneficiaries and, as regards projects under Article 9, also by third parties responsible for the implementation of a project. Expenditure incurred under Chapter II may be eligible as from 13 July 2009.
+ 2a. Financial assistance given under Chapter IIa shall cover expenditure relating to investment projects and to technical assistance for energy efficiency and renewable energy projects incurred by the beneficiaries described in point 3 of Part A of Annex II. Such expenditure may be eligible as from …
− 2. EEPR assistance shall cover only project-related expenditure incurred by the beneficiaries and, as regards projects under Article 9, also by third parties responsible for the implementation of a project. Expenditure may be eligible from the date referred to in Article 29.
+ ### Article 24 — Member States’ general responsibilities
− ### art_24
− 
− Article 24
+ ### Article 25 — Protection of the European Communities’ financial interests
− ### art_25
− Article 25
− 
+ ## CHAPTER IV / **IMPLEMENTING AND FINAL PROVISIONS**
− ### art_26
+ ### Article 26 — Committees
− Article 26
+ (a) for gas and electricity infrastructure projects, the committee established by Article 15 of Regulation (EC) No 680/2007 of the European Parliament and of the Council of 20 June 2007 laying down general rules for the granting of Community financial aid in the field of the trans-European transport…
− | (a) | for gas and electricity infrastructure projects, the committee established by Article 15 of Regulation (EC) No 680/2007 of the European Parliament and of the Council of 20 June 2007 laying down general rules for the granting of Community financial aid in the field of the trans-European trans…
− | --- | --- |
+ (b) for offshore wind projects, the committee established by Article 8 of Council Decision 2006/971/EC of 19 December 2006 concerning the Specific Programme Cooperation implementing the Seventh Framework Programme of the European Community for research, technological development and demonstration ac…
− | (b) | for offshore wind projects, the committee established by Article 8 of Council Decision 2006/971/EC of 19 December 2006 concerning the Specific Programme Cooperation implementing the Seventh Framework Programme of the European Community for research, technological development and demonstratio…
− | --- | --- |
+ (c) for carbon capture and storage projects, the committee established by Article 8 of Decision 2006/971/EC.
− | (c) | for carbon capture and storage projects, the committee established by Article 8 of Decision 2006/971/EC. |
− | --- | --- |
+ 
+ ### Article 27 — Evaluation
+ 
+ 1. The Commission shall carry out an evaluation of the EEPR by 31 December 2011 in order to assess its contribution to the effective use made of the appropriations.
+ 
+ 1a. By 30 June 2013 the Commission shall submit to the European Parliament and the Council a mid-term evaluation report on the measures taken under Chapter IIa focusing in particular on:
+ (a) the cost-effectiveness, leverage effect and additionality demonstrated by the facility;
+ 
+ (b) evidence of sound financial management;
+ 
+ (c) the extent to which the facility has achieved the objectives set out in this Regulation;
− ### art_27
+ (d) the extent to which continued support under the facility for projects relating to energy efficiency and energy from renewable sources is required.
− Article 27
+ The mid-term evaluation report shall, if appropriate, and in particular if the Commission’s assessment of the measures taken under Chapter IIa is positive, be accompanied by a legislative proposal for the continuation of the facility.
− 1. The Commission shall carry out an evaluation of the EEPR by 31 December 2011 in order to assess its contribution to the effective use made of the appropriations.
+ 3. The Commission shall present to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions an evaluation report on the results achieved by the EEPR and in accordance with Article 27(4) of the Financial Regulation.
− 3. The Commission shall present to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions an evaluation report on the results achieved by the EEPR.
+ ### Article 28 — Information to the European Parliament and to the Council
− ### art_28
− 
− Article 28
+ 
+ The report shall include information about all overhead costs related to the establishment and implementation of the facility set up under Chapter IIa.
+ 
+ ### Article 29 — Entry into force
+ 
+ This Regulation shall enter into force on the day following its publication in the *Official Journal of the European Union*.
+ 
+ This Regulation shall be binding in its entirety and directly applicable in all Member States.
+ 
+ ### ►M1 ANNEX I** ◄ **
+ 
+ **ELIGIBLE PROJECTS**
+ 
+ A. ****Gas and Electricity infrastructure projects****
+ 
+ 1. *Gas interconnectors*
+ 
+ | Project | Location of projects supported | Envisaged Community contribution(EUR million) |
+ | --- | --- | --- |
+ | Southern Gas Corridor |  |  |
+ | NABUCCO | Austria, Hungary, Bulgaria, Germany, Romania | 200 |
+ | ITGI – Poseidon | Italy, Greece | 100 |
+ | Baltic interconnection |  |  |
+ | Skanled/Baltic pipe | Poland, Denmark, Sweden | 150 |
+ | LNG network |  |  |
+ | Liquefied Natural Gas terminal at Polish coast at port of Świnoujście | Poland | 80 |
+ | Central and South East Europe |  |  |
+ | Slovakia-Hungary Interconnector (Veľký Krtíš - Vecsés) | Slovakia, Hungary | 30 |
+ | Gas transmission system in Slovenia between the Austrian Border to Ljubljana (excluding the section Rogatec-Kidričevo) | Slovenia | 40 |
+ | Interconnection Bulgaria-Greece (Stara Zagora — Dimitrovgrad-Komotini) | Bulgaria, Greece | 45 |
+ | Romania-Hungary gas interconnector | Romania, Hungary | 30 |
+ | Expansion of Gas Storage Capacity in the Czech hub | Czech Republic | 35 |
+ | Infrastructure and equipment to permit reverse gas flow in the event of short term supply disruption | Austria, Bulgaria, Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Poland, Portugal, Romania, Slovakia | 80 |
+ | Slovakia-Poland interconnection | Slovakia, Poland | 20 |
+ | Hungary-Croatia interconnection | Hungary | 20 |
+ | Bulgaria-Romania interconnection | Bulgaria, Romania | 10 |
+ | Mediterranean |  |  |
+ | Reinforcement of FR gas network on the Africa-Spain-France axis | France | 200 |
+ | GALSI (Gazoduc Algérie-Italie) | Italy | 120 |
+ | Gas Interconnection Western Axis Larrau Branch | Spain | 45 |
+ | North Sea area |  |  |
+ | Germany-Belgium-United Kingdom pipeline | Belgium | 35 |
+ | France-Belgium connection | France, Belgium | 200 |
+ | TOTAL |  | 1 440 |
+ 
+ 2. *Electricity interconnectors*
+ 
+ | Project | Location of projects supported | Envisaged Community contribution(EUR million) |
+ | --- | --- | --- |
+ | Baltic interconnection |  |  |
+ | Estlink-2 | Estonia, Finland | 100 |
+ | Interconnection Sweden-Baltic States, and strengthening of the grid in Baltic States | Sweden, Latvia, Lithuania | 175 |
+ | Central and South East Europe |  |  |
+ | Halle/Saale – Schweinfurt | Germany | 100 |
+ | Wien-Győr | Austria, Hungary | 20 |
+ | Mediterranean |  |  |
+ | Portugal-Spain interconnection reinforcement | Portugal | 50 |
+ | Interconnection France-Spain (Baixas - Sta Llogaia) | France, Spain | 225 |
+ | New 380 kV AC submarine cable between Sicily – Continental Italy (Sorgente – Rizziconi) | Italy | 110 |
+ | North Sea area |  |  |
+ | 500 MW Ireland/Wales interconnector (Meath-Deeside) | Ireland, United Kingdom | 110 |
+ | Electricity interconnection Malta-Italy | Malta/Italy | 20 |
+ | TOTAL |  | 910 |
+ 
+ 3. *Small island projects*
+ 
+ | Small isolated island initiatives | Cyprus | 10 |
+ | --- | --- | --- |
+ | Malta | 5 |  |
+ | TOTAL |  | 15 |
+ 
+ B. ****Offshore wind projects****
+ 
+ | Project | Capacity | Location of projects supported | Envisaged Community contribution(EUR million) |
+ | --- | --- | --- | --- |
+ | 1. Grid integration of offshore wind energy |  |  |  |
+ | 1.1. Baltic – Kriegers Flak I, II, IIIBuilding on projects under development. Financing aimed at ensuring extra cost for securing a joint interconnection solution. | 1,5 GW | Denmark, Sweden, Germany, Poland | 150 |
+ | 1.2. North sea gridModular development of offshore grid, demonstration of virtual offshore power plant and integration in the existing onshore grid system. | 1 GW | United Kingdom, Netherlands, Germany, Ireland, Denmark, Belgium, France, Luxembourg | 165 |
+ | 2. New turbines, structures and components, optimisation of manufacturing capacities |  |  |  |
+ | 2.1. Borkum West II – Bard 1 – Nordsee Ost – Global Tech INew generation of multi-megawatt size turbines (5-7 MW) and innovative structures, situated far from shore (up to 100 km) in deeper waters (up to 40 m). | 1,6 GW | Germany | 200 |
+ | 2.2. Aberdeen offshore wind farm (European testing centre)Building on project presently under development – testing of multi-MW turbines. Development of innovative structures and substructures including optimisation of manufacturing capacities of offshore wind energy production equipment. An incre…
+ | 2.3. Thornton BankBuilding on project presently under development. Learning from the Downvind project (cofinanced through FP6). Upscaling the Downvind installations turbines (5 MW size) in deep waters (up to 30 m) with low visual impact (up to 30 km). | 90 MW | Belgium | 10 |
+ | TOTAL |  |  | 565 |
+ 
+ C. ****Carbon capture and storage projects****
+ 
+ | Project Name/Location | Envisaged Community contribution(EUR million) | Fuel | Capacity | Capture Technique | Storage Concept |  |
+ | --- | --- | --- | --- | --- | --- | --- |
+ | Huerth | Germany | 180 | Coal | 450 MW | IGCC | Saline Aquifer |
+ | Jaenschwalde |  |  | Coal | 500 MW | Oxyfuel | Oil/Gas fields |
+ | Eemshaven | Netherlands | 180 | Coal | 1 200 MW | IGCC | Oil/Gas fields |
+ | Rotterdam | Coal | 1 080 MW | PC | Oil/Gas fields |  |  |
+ | Rotterdam | Coal | 800 MW | PC | Oil/Gas fields |  |  |
+ | Bełchatów | Poland | 180 | Coal | 858 MW | PC | Saline Aquifer |
+ | Compostilla(León) | Spain | 180 | Coal | 500 MW | Oxyfuel | Saline Aquifer |
+ | Kingsnorth | United Kingdom | 180 | Coal | 800 MW | PC | Oil/Gas fields |
+ | Longannet | Coal | 3 390 MW | PC | Saline Aquifer |  |  |
+ | Tilbury | Coal | 1 600 MW | PC | Oil/Gas fields |  |  |
+ | Hatfield(Yorkshire) | Coal | 900 MW | IGCC | Oil/Gas fields |  |  |
+ | Porto Tolle | Italy | 100 | Coal | 660 MW | PC |  |
+ | Industrial carbon capture project |  |  |  |  |  |  |
+ | Florange | France | 50 | Transport of CO2 from industrial installation (steel plant) to underground storage (saline aquifer) |  |  |  |
+ | TOTAL | 1 050 |  |  |  |  |  |
+ 
+ ### ANNEX II
+ 
+ 
+ ### **FINANCIAL FACILITY**
+ 
+ A. ****Implementation of the financial facility for sustainable energy projects****
+ 
+ 1. ***Scope of the facility***
+ 
+ The financial facility (the facility) shall be used for the development of energy saving, energy efficiency and renewable energy projects and shall facilitate the financing of investments in those areas by local, regional and, in duly justified cases, national public authorities. The facility shall …
+ 
+ The facility shall be used for sustainable energy projects, in particular in urban settings. This shall include, in particular, projects concerning:
+ 
+ (a) public and private buildings incorporating energy efficiency and/or renewable energy solutions including those based on the usage of Information and Communication Technologies (ICT);
+ 
+ (b) investments in high energy efficient combined heat and power (CHP), including micro-cogeneration, and district heating/cooling networks, in particular from renewable energy sources;
+ 
+ (c) decentralised renewable energy sources embedded in local settings and their integration in electricity grids;
+ 
+ (d) microgeneration from renewable energy sources;
+ 
+ (e) clean urban transport to support increased energy efficiency and integration of renewable energy sources, with an emphasis on public transport, electric and hydrogen vehicles and reduced greenhouse gas emissions;
+ 
+ (f) local infrastructure, including efficient lighting of outdoor public infrastructure such as street lighting, electricity storage solutions, smart metering, and smart grids, that make full usage of ICT;
+ 
+ (g) energy efficiency and renewable energy technologies with innovation and economic potential using the best available procedures.
+ 
+ The facility may be also used to provide incentives and technical assistance as well as to raise the awareness of local, regional and national authorities so as to ensure optimal use of the Structural and Cohesion Funds, in particular in the areas of energy efficiency and renewable energy improvemen…
+ 
+ 2. ***Synergies***
+ 
+ When granting financial or technical assistance, attention shall also be paid to synergies with other financial resources available in the Member States, such as the Structural and Cohesion Funds and the ELENA Facility, in order to avoid overlaps with other instruments.
+ 
+ 3. ***Beneficiaries***
+ 
+ The beneficiaries of the facility shall be public authorities, preferably at local and regional level, and public or private entities acting on behalf of those public authorities.
+ 
+ B. ****Cooperation with financial intermediaries****
+ 
+ 1. ***Selection and general requirements, including costs***
+ 
+ The facility shall be set up in cooperation with one or more financial intermediaries, and shall be open to participation by appropriate investors. The selection of the financial intermediaries shall take place on the basis of their demonstrated ability to use the funding in the most efficient and e…
+ 
+ The Commission shall ensure that the total amount of overhead costs related to the establishment and implementation of the facility, including management fees and other eligible costs invoiced by the financial intermediaries, remains as limited as possible, in line with best practice for similar ins…
+ 
+ The Union contribution to the facility shall be implemented by the Commission in accordance with the provisions set out in Articles 53 and 54 of the Financial Regulation.
+ 
+ The financial intermediaries shall comply with the relevant requirements on the delegation of budgetary execution tasks set out in the Financial Regulation and its implementing rules, in particular as regards procurement rules, internal control, accounting and external audit. No funding other than m…
+ 
+ The detailed terms and conditions of the establishment and the framework conditions of the facility, including monitoring and control, shall be laid down in one or more agreements between the Commission and the financial intermediaries.
+ 
+ 2. ***Availability of information***
+ 
+ The facility shall make available online all information on programme management that is relevant for interested parties. This shall include, notably, application procedures, information on best practices and an overview of projects and reports.
+ 
+ C. ****Funding conditions and eligibility and selection criteria****
+ 
+ 1. ***Scope of financing***
+ 
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