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An EU budget that works for the people: Unlocking finance for energy communities

By District Energy posted 15 days ago

  

Innovation News Network

Summary

Europe’s transition to a clean energy system requires unprecedented investment, but today’s financing tools fail to unlock the full potential of citizen-led energy initiatives. Energy communities can mobilise billions of euros in renewable energy investments, yet their potential remains untapped due to complex state aid rules, inaccessible funding mechanisms, and burdensome regulations.

Interestingly, energy communities are increasingly investing in industrial-scale projects such as offshore wind and large-scale district heating, demonstrating their ability to contribute to Europe’s reindustrialisation objectives. However, without tailored financial support, their expansion remains constrained.

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