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European Commission offers funding for innovative smart energy projects

The deadline for submissions is 5 April 2018

  • February 23, 2018 19:00
  • Author Monika Dimitrova
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Source: Pixabay

The Commission is offering over 138 million euros in funding for innovative energy projects, earmarking part of the money for decarbonising island energy systems. Replicability is at the heart of the plans. To get funding, projects should have not only at least one demonstration on one island but also at least 2 other follower islands with similar issues, where similar plans could be adopted.

Projects need to contribute to at least four of the following aims: Achieve high levels of local renewable energy sources penetration; Achieve highly integrated and digitalised smart grids; Develop synergies between the different energy networks (electricity, heating, cooling, water, transport, etc.); Achieve a very significant reduction of the use of hydrocarbon-based energies; Apply innovative approaches to storage, in particular relying on batteries.

Source: European Commission

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