Since Poland joined the European Union the Renewable Energy Sources (RES) industry has become more and more attractive among investors. In case of investments conducted in this industry, the grant is the best way to satisfy capital needs – not only does it improve profitability indices of the entire investment, but also considerably increases chances of the successful financial engineering – in case of a lack of its own funds, banks much more willingly give credits for projects with grants.
The STRATEGOR experts specialize in acquiring grants for investments pertaining to all commonly applied renewable energy sources: wind-energy, biogas, photovoltaic, biomass, water, geothermal and hybrid solutions.
Examples of investments that may be financed
- wind energy;
- solar collectors;
- water energy;
- geothermal energy;
- transmission network for the Renewable Energy Sources;
- hybrid solutions.
The STRATEGOR consultants who search for you possibilities of financing investments in the Renewable Energy Sources, have at their disposal some significant funds divided into two fundamental groups:
- funds from the EU budget;
- national funds.
The EU grants offer the greatest and widest opportunities to finance investments in the RES. As part of the state programmes, namely the Infrastructure and Environment Operational Programme (IEOP) in the 2007-2013 budget, hundreds of millions were earmarked for this purposes. The main institutions that implement grant programmes under the Infrastructure and Environment Operational Programme are the Ministry of Economy and the National Fund for Environmental Protection and Water Management.
Besides Polish-nationwide programmes such as the IEOP, each province implements its own regional programmes under which grant contests that support investments in the RSE are announced.
Except for the main source of financing the RSE investments like the EU funds, there are also programmes based on state funds that come from, among others, fees for use of the environment. In this field, grant contests are mainly arranged by the National Fund for Environmental Protection and Water Management (NFEPWM) and Provincial Funds for Environmental Protection and Water Management. As part of programmes dedicated to the RES investments, it is worth mentioning the NFEPWM’s Green Investment Scheme (GIS).
The financial perspective for the years 2014-2020 provides that the European Union will continue its policy endorsing investments consisting in developing new renewable sources of electric power and heat energy and their connection to the network. The vast majority of funds will be allocated from two EU funds:
- Infrastructure and Environment Operational Programme (IEOP);
- 16 Regional Operational Programmes (ROP).
As part of the IEOP the financial perspective for the years 2014-2020 lays down that investments in renewable energy sources will be primarily made as part of priority axis No 1: Promotion of renewable energy sources and energy efficiency to the extent of the following investment priorities:
- 4.1. Promoting the production and distribution of renewable energy sources;
- 4.2. Promoting energy efficiency;
- 4.3. Supporting energy efficiency and renewable energy use in public infrastructures and in the housing sector;
- 4.4 Developing and implementing smart distribution systems at low and medium voltage levels;
- 4.5 Promoting low-carbon strategies for all types of areas, in particular in urban areas, including encouraging sustainable urban transport and taking relevant adaptation and mitigation activities;
- 4.7 Promoting high-efficiency cogeneration of heat energy and electric power based on a useful heat demand.
Complementary and demarcation of the priority axle with projects co-financed by 16 Regional Operational Programmes.
As part of actions aimed at producing RES-based energy the demarcation line will be established on the basis of the power of the installed unit. At the national level there is no plan to co-finance actions concerning the effective distribution of heat and electric power from RES (among other things heat pumps, geothermal energy, boiler rooms, water energy and solar energy) and biofuel and bio-component-based actions. These actions will be supported at the regional level. As for actions promoting energy efficiency and use of RES in enterprises, the division into national and regional levels will depend on the size of a given enterprise (except for the consulting system), i.e. large enterprises will be financed with regard to intervention at the national level, whereas small and medium-sized enterprises will be supported with regard to intervention at the regional level.
As for actions concerning the energy efficiency and use of RES in buildings the division into national and regional levels will be based on a quota criterion (except for the consulting system covered by the IEOP). The support resulting from the low-emission economy within the scope of the heat and cooling distribution networks will cover cities that took such projects into account in their previously prepared low-emission economy plans.
The division into national and regional levels as part of cogeneration actions will be based on the installed power.
Application evaluation criteria
The most required and the highest scored criteria are as follows:
- efficiency criterion - the amount of the production of power measured in megawatt-hours (MWh) from one megawatt (MW). This criterion is evaluated on the basis of the amount of eligible expenditures;
- criterion of the applicant’s potential – it refers to the applicant’s experience gained in other similar investments and to the applicant’s professional personnel;
- innovative criterion (not in each programme) – a project is projected to implement the technology not used worldwide maximum e.g. 3 years (this criterion is diversified, depending on the programme).