MINETUR increases the budget for energy saving and efficiency programmes

 

Through the Institute for Energy Diversification and Saving (IDAE), the Ministry of Industry, Energy and Tourism (MINETUR) manages around €1.4bn in funding allocated to ten energy saving and efficiency programmes covering every energy-consuming sector: construction, industry, transport and city halls. The programmes have been in force since last May, financed by the National Energy Efficiency Fund, the General State Budgets 2015 and ERDF Funds 2014-2020.

FuturENERGY
Energy refurbishment of buildings

The PAREER-CRECE programme which is geared towards the energy refurbishment of buildings and has a provision of €200m has already reserved 50% of its budget.

Funding for this programme – whose activities are aimed to improve at least the level of energy certification of the buildings adhered to the programme – is a minimum of 20%-30% of the eligible investment with further amounts possible depending on social criteria. This financial aid can also run alongside a repayable loan of up to 90% of the investment at Euribor +0% over 12 years with one year’s grace period.

To date, 80% of the applicants have been residents’ associations with the measure most sought-after being the improvement in the thermal insulation of the façades with the aim of reducing heating costs.

Outdoor municipal lighting, businesses, modes of transport

Destined for the renovation of outdoor municipal lighting and with a provision of €36m, registered applications for the programme in October had exceeded the initially forecast annual budget with 38 projects, resulting in it being increased by €29m. Funding is awarded in the form of interest-free loans over 10 years, covering up to 100% of the required investment.

Applications made as at October to fund the 320 projects submitted by companies in the industrial sector have exceeded the initial annual budget set at €49m, allocated to improving the technology of equipment and processes as well as the implementation of energy management systems. The line of funding has also been increased by a further €66m. This financial aid comprises a maximum cash payment without consideration of 30% of the eligible investment.

As regards funding programmes for activities to change the mode and more efficient use of forms of transport, currently up to 54% of the €8m budget has been reserved. Financing is awarded as cash payments without consideration with the programme beneficiaries being both private and public entities.

Other programmes

Worth mention is that as a result of the National Energy Efficiency Fund 2015, MINETUR via the IDAE is scheduled to launch the following programmes before the end of the year:

  • Programmes for energy efficiency improvements to the railway systems with a provision of €13m.
  • Programme for energy efficiency improvement actions for the water cycle (desalination), with a provision of €12m.

Also financed by the 2014-2020 EDRF Funds, an official call will be announced to select one-off low carbon economy projects implemented by local entities within the framework of the Operational Programme for Sustainable Growth under Axis 4 in which the IDAE acts as an intermediary and which enjoys a total budget of €500m for the entire period.

More information on these lines of financial aid can be found on: http://www.controlastuenergia.gob.es

The value of communication

And lastly, on the basis that communication is essential to achieve the energy saving objectives, in July 2015, MINETUR launched an information and awareness campaign via the main Spanish media.

The campaign, with actor Antonio Resines as opinion leader, was very well-received by the audience, with many aspects scoring more than 8 out of 10 and achieving the accolade for the most watched ad on Antena 3 TV with over 2.5 million viewers.