EU invests € 65 million in energy projects
The Executive Agency for Competitiveness and Innovation (AECI) has launched a call for proposals for the work program 2009 "Intelligent Energy for Europe". The budget of the call is EUR 65 million.
The program aims to support energy efficiency, renewable energy sources and energy diversification to help ensure sustainable energy for Europe, thereby strengthening Europe's competitiveness.
The call covers the action in the following fields:
- Energy efficiency and rational use of resources (SAVE).
- New and renewable energy resources (alternatives).
- Energy in transport (STEER).
- Integrated initiatives combining several of the areas listed above or relating to certain Community priorities.
Regarding the budget, 65 million euros will be available to finance up to 75% of the eligible costs of each project.
The call ends on June 25, 2009 for all shares.
All information on the conditions of the call and advice to proponents on how to submit projects is available on the website of the Energy Smart program.