Country | Romania |
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Influence of the financing instrument | Indirect |
Thematic Scope | electricity generation or consumption suitable for coupling with P2G hubs |
Type | Investment Funding |
Legal/Financial Form | interests co-financing |
The objective of the Program is the non-reimbursable financing from the Environmental Fund of projects aimed at increasing the production of energy from renewable sources. Capitalization of renewable energy resources: solar, wind, hydropower, geothermal, biomass, biogas, gases from fermentation of waste / sludge treatment, for the production of electricity and / or heat; The program also aims to produce green energy and achieve environmental standards by reducing pollution but also reducing dependence on imports of primary energy resources mainly fossil fuels and improving security of supply. In addition to all this, the program also ensures the protection of the environment, by reducing polluting emissions and combating climate change.
Possible usage of the funding instrument in the P2G context: Given the fact that it does not target a single type of renewable energy, but takes into account all of them (solar, wind, biomass, geothermal, etc.) the energy flows generated will be significant. They can be inserted in the network, but they can also supply P2G type hubs, which can be built around them.
Legal Entity | Guvernul Romaniei, Minsterul Mediului prin Administratia Fondului de Mediu |
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The Government of Romania, Minister of the Environment through the Administration for the Environmental Fund | |
Geographic Scope | National |
Eligibility Criteria | This project was designed to serve legal entity applicants. Any project that involves installations for the production and supply of renewable energy is eligible. |
Co-Financing Rate | At national level 50% except for the Bucharest Ilfov Region where it is only 40% |
Volume | Up to 6000 euro per every project |
Duration | Anually since 2011 |
Limitations | One project / one funding per applicant / the applicant entity must be at least 6 months old at the time of applying for funding. |
Periodicity thus far | Anual |
Web Address | https://www.afm.ro/index.php |