EU guarantee programme could make renewables cheaper in Central and Southeastern Europe
Agora Energiewende
The EU could significantly reduce the financing costs of developing its renewable energy potential by setting up a guarantee programme, according to a study by energy think tank Agora Energiewende*. “One euro of public funding would leverage 50 euros of private investment into wind and solar energy projects,” Agora said in a press release. “The programme would help EU member states with high financing costs to develop new renewable energy projects faster and cheaper.”
Find the press release and study in English here.
*Like the Clean Energy Wire, Agora Energiewende is a project funded by Stiftung Mercator and the European Climate Foundation
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