Support Mechanisms

Support mechanisms intend to facilitate the implementation of energy strategies and the promotion of renewable energies. Available support schemes are Feed-in-Tariffs (FiT), Government subsidies and grants, Tax credits, Loans, Quota systems, tradable certificates, public investments, financing, and tax incentives and apply for the areas of transport, heating & cooling and electricity

Investment-Trends

For the implementation of renewable energy investments are necessary. CEE countries have an interest in attracting investors in order to expand and develop renewable energy. Investments are made possible through the cooperation between companies. 

The three international financial institutions (IFIs), the European Investment Bank Group (EIB), the European Bank for Reconstruction and Development (EBRD) and the World Bank Group, launched their Joint IFI Action Plan for Growth in order to provide financial support for central and south-eastern Europe, in late 2012, pledging to invest a total of €30 billion over a two-year period. Under the 2013-14 Action Plan, the EIB has provided €17.2 billion out of a total commitment of €20 billion, the World Bank Group has provided €3.4 billion from its total of €6 billion and the EBRD has delivered €4.2 billion, against a commitment of €4.0 billion.

According to the Second Report on the Joint IFI Action Plan (325KB - PDF), launched during the World Bank/International Monetary Fund Spring Meetings in Washington on April 11 2014, each of the IFIs is well on the way to meeting its target and may substantially exceed it.

Source: European Bank for Reconstruction and Development  http://www.ebrd.com/pages/news/press/2014/140411.shtml

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This page offers information and latest news on energy in central and eastern Europe.

The information is prepared in the frame of a project financed by the Federal Ministry of Agriculture, Forestry, Environment and Water Management.