Regulation (EC) No 663/2009

In force

This text since 24 Dec 2018law://eu/reg/2009/663/anx_II__grp_1__grp_1__blk_3@2026-11-13

Contents

A. Implementation of the financial facility for sustainable energy projects
B. Cooperation with financial intermediaries
- 1. Selection and general requirements, including costs
- 2. Availability of information
C. Funding conditions and eligibility and selection criteria

The facility may be also used to provide incentives and technical assistance as well as to raise the awareness of local, regional and national authorities so as to ensure optimal use of the Structural and Cohesion Funds, in particular in the areas of energy efficiency and renewable energy improvements in housing and other types of buildings. The facility shall sustain investment projects demonstrating an economic and financial viability, in order to refund the investments allocated by the facility and to attract public and private investments. Thus, the facility may, inter alia, include provisioning and capital allocation for loans, guarantees, equity and other financial products. Furthermore, up to 15 % of the funding referred to in Article 21a may be used to provide technical assistance to local, regional or national, authorities on the setting up of, and on the initial deployment phase of technology related to, energy efficiency and renewable energy projects.

Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.

Key facts

Type: Regulation · (EC) No 663/2009
Adopted: 13 Jul 2009
In force: 1 Aug 2009
Text current to: 24 Dec 2018
Made by: Council of the European Union, European Parliament
Official: EUR-Lex 32009R0663 · ELI

Topics

economic recovery economic support electrical energy energy resources gas project of common interest Economic policy Energy

History · 1 version

24 Dec 2018Reading

Connections

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Cited by 4: Regulation (EU) 2021/523; Regulation (EU) 2018/1999; Regulation (EU) 2021/1229; Regulation (EU) No 1233/20107 provisions
Cites 1: this act

Defined terms · 7

Show every defined term

carbon capture and storage
means the capture of carbon dioxide (CO2) from industrial installations, its transport to a storage site and its injection into a suitable underground geological formation for the purposes of permanent storage;
eligible costs
has the same meaning as in Regulation (EC, Euratom) No 2342/2002;
gas and electricity infrastructures
means:
investment phase
means the phase of a project during which construction takes place and capital costs are incurred;
offshore wind energy
means the electric power generated from turbine engines powered by wind and situated in the sea, whether near or far from the shore;
part of a project
means any activity that is independent financially, technically or over time and which contributes to the completion of a project;
planning phase
means the phase of a project that precedes the investment phase, during which project implementation is prepared, and includes, where appropriate, feasibility assessment, preparatory and technical studies, obtaining licences and authorisations and incurring capital costs.