The NER 300 Programme

Transcription

1 The NER 300 Programme Bringing low-carbon technologies to the market POWER-GEN Europe Cologne, 29 June 2017 Andreas Uihlein Joint Research Centre Knowledge for the Energy Union

2 What is the NER 300 Programme? One of the world's largest programmes for innovative low-carbon first-of-a-kind projects, funded by the EU emissions trading system A catalyst for the demonstration of environmentally safe carbon capture and storage and innovative renewable energy technologies on a commercial scale within the EU Funded from the sale of 300 million allowances from the new entrants' reserve set up for the ETS Two calls for proposals: the first one was awarded in December 2012, the second in July

3 Essential to EU climate & energy policy Bridges the gap between R&D and commercialisation by funding first-of-a-kind projects Reinforce EU competitiveness by supporting low-carbon technologies, in which the EU enjoys global technological leadership Increases EU security of supply through indigenous sources of energy Fight climate change by reducing GHG emissions 3

4 NER 300 statistics 39 awarded projects in 20 EU Member States Awarded NER 300 projects will increase annual EU renewable energy production by about 18 TWh Their impact in terms of GHG emissions reduction is equivalent to taking 3 million cars off EU roads State-of-play: 3 in operation, 16 reached a positive financial investment decision Those projects enable EUR 4.3 billion of investment paving the way for further market replication and cost reduction 4

5 Awarded projects per country 5

6 Projects & funding per technology area Awarded funding in EUR million Number of projects 6

7 Example: BEST (Italy) BEST (Italy) Capacity: 51 million litre/year Entry into operation: June 2013 Max. funding: EUR 28.4 million Lignocellulosic biomass (agricultural residues & energy crops) to ethanol 7

8 Example: Verbiostraw (Germany) Verbiostraw (Germany) Capacity: 16.5 MW Entry into operation: Sep 2014 Max. funding: EUR 22.3 million 100 % straw biogas plant Biogas cleaned and fed into grid 8

9 Example: Windfloat (Portugal) Windfloat (Portugal) Capacity: 25 MW Entry into operation: Dec 2018 Max. funding: EUR 30.0 million Floating wind farm with 3-4 units Semi-submersible platform hosting a wind turbine 9

10 NER 300: knowledge sharing Knowledge sharing unique feature of NER 300 Why? Generate a support community or network & facilitate communication of achievements Support transition to large-scale deployment of innovative RES/CCS How? Project sponsors submit relevant knowledge to Commission Commission aggregates and disseminates relevant knowledge 10

11 More at: setis.ec.europa.eu/ner300 11

12 NER 300 unspent funds Some awarded projects may be cancelled due to the low price of fossil fuels and unfavourable market developments Currently 4 withdrawn projects & undisbursed NER 300 funds of about EUR 436 million Commission suggests reinvesting through existing EU financial instruments (most effective way) Member States approved a relevant amendment to the NER 300 Decision, now subject to a three-month scrutiny period by the European Parliament and Council 12

13 InnovFin EDP and CEF Debt Best schemes to support NER 300-type of projects are: InnovFin Energy Demo Projects (EDP) Connecting Europe Facility (CEF) Debt InnovFin EDP: innovative renewable energy, CCS, smart energy systems and storage CEF Debt: renewable energy-related projects in the transport sector Both managed by the European Investment Bank Unspent funds: available under InnovFin EDP towards end of

14 NER 300: future In its proposal for a revised ETS adopted on 15 July 2015, the Commission suggests to renew the existing NER 300 by an Innovation Fund, which should be endowed with 450 million allowances targeted not only at CCS and innovative RES, but also to innovative energy-intensive industry It should be a means of directing further revenues from the ETS towards the demonstration of innovative low-carbon technologies in the industry and power generation sectors 14

15 Thank you very much! Kerstin Lichtenvort Filippo Gagliardi Ruth Shortall 15