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EGEC calls for innovative renewable financing in EU investment plans

EGEC calls for innovative renewable financing in EU investment plans Screenshot from the EGEC Website
Francisco Rojas 24 Nov 2014

The renewable energy sector is one the few sectors creating jobs in Europe today and EGEC calls on the European Commission to earmark a substantial part of its investment package for deploying geothermal cogeneration and heat projects.

According to EGEC the following week, European Commission President Junker is to unveil his plan to re-launch the EU economy (by mobilising EUR 300 bn in total).

In a letter sent today, EGEC calls on the European Commission to earmark a substantial part of its investment package for deploying geothermal cogeneration and heat projects.

In particular, investments in the energy sector should go in priority to:

-Building renovation with energy efficiency measures and fuel switch to renewable heating.

-District heating and cogeneration generation units and distribution networks, including for their refurbishment with RES integration;

-Low temperature process heat from RES to decarbonise the industrial sector.

To read the full letter, please follow this link

Source: EGEC