
The European Sustainable Energy Week (EUSEW) took place from 13 to 17 June 2016 in Brussels. EUSEW is a month-long series of activities to build a secure energy future for Europe. It brings together public authorities, private companies, NGOs and consumers to promote initiatives to save energy and move towards renewables for clean, secure and efficient power. This year, the JRC presented the NER 300 programme in a stand at the Networking Area of the Residence Palace.
The NER 300 programme is one of the world's largest programmes for the support of innovative low-carbon technologies. It covers pre-commercial projects of both renewable energy (RES) and carbon capture and storage (CCS). The NER 300 programme is an essential instrument in the EU climate and energy policy because:
- It bridges the gap between R&D and commercialisation by funding first-of-a-kind projects
- It provides 2.1 billion euros to fight climate change now
- It reinforces the EU's competitiveness by supporting low-carbon technologies, in which the EU enjoys global technological leadership
- It increases the EU's security of supply by focusing on indigenous sources of energy
Background
NER 300 is a large European funding programme for innovative low-carbon energy demonstration projects. Its name indicates that its funds do not come from the EU budget, but are generated by the sale of 300 million emission allowances of the new entrants' reserve (NER) set up for the third phase of the EU emissions trading system. The programme supports a wide range of innovative CCS and RES technologies.
NER 300 will bridge the gap between R&D and commercialisation by funding first-of-a-kind projects. In total, it provides 2.1 billion euros but it will leverage roughly 2.7 billion euros of private investments. It aims to boost the deployment of innovative low-carbon technologies, where the EU still enjoys a global technological leadership, and as a result will contribute to the creation of thousands of jobs.
Contact and further information
For further details, please contact: JRC-IET-NER300@ec.europa.eu
