Schlagwort: funds

Can European funds help support cross-border cooperation on renewables?

WindEurope called for a European approach to the deployment of renewable energy deployment at a workshop organised by the European Commission on Thursday. The workshop explored how the EU’s financial framework for 2019-2023 can be aligned with the new post-2020 renewable energy laws, the so-called Clean Energy Package.

The Package – currently under negotiation and due to be wrapped up by the end of 2018 – sets out different options for cross-border cooperation. These include opening up national support schemes or setting up a European financing platform, whereby countries pitch in to a common fund for renewables projects in case the bloc fails to reach its 2030 target.