This webinar targets municipalities and local authorities looking to receive grants to support the development of bankable projects in the area of energy efficiency, renewable energy or sustainable transport.
ELENA is a joint initiative by the European Investment Bank and the European Commission under the Horizon 2020 programme. ELENA provides grants for technical assistance focused on the implementation of energy efficiency, distributed renewable energy and urban transport projects and programmes.
The grant can be used to finance costs related to feasibility and market studies, programme structuring, business plans, energy audits and financial structuring, as well as to the preparation of tendering procedures, contractual arrangements and project implementation units.
Typically, ELENA supports programmes above EUR 30 million over a period of around 2-4 years, and can cover up to 90% of technical assistance/project development costs. Smaller projects can be supported when they are integrated into larger investment programmes.
ELENA grants are distributed on a first-come-first-serve basis.
The webinar will focus on eligibility requirements, the application process and provide some examples of projects that benefitted from an ELENA grant. Since 2009, around EUR 95 million has been awarded to support an estimated EUR 4.5 billion of investment on the ground. You can find more information about completed and ongoing projects on the projects page.
As a result of ELENA grant funding, Bristol City Council has delivered thousands of insulation measures on social and private housing, hundreds of solar PV panels on municipal buildings and kick-started the development of the city’s Heat Network. This large-scale programme has seen over £50m of investment over the last three years and laid strong foundations for a city on track to be carbon neutral by 2050.
Maciej SZCZEPAŃSKI – ELENA Team, Energy Efficiency & Small-Scale Energy Projects Division, European Investment Bank
Mareike SCHMIDT. Service Manager - Energy at Bristol City Council
Moderator: Anja De Cunto, Covenant of Mayors secretariat
More information on ELENA.
More information on BRITE – Bristol Retrofitting – Innovative Technologies for Everyone