corporate_banner_en

Energy

Projects
Priorities
Innovation and skills
SMEs
Infrastructure
Climate and environment
EIB and COP
Regions
European Union
Enlargement countries
European Free Trade Association
Mediterranean neighbourhood
FEMIP overview
Maximizing synergies
Financing & advisory services
Loans
Private equity
Advisory services
FEMIP Support Package
How to apply
Trust fund
Technical advisory
Risk capital operations
CAMENA climate action envelope
MED 5P
Organisation and staff
FAQ - FEMIP
EU Eastern neighbours
Cooperation with other institutions and organisations
Financing facilities
DCFTA Initiative
Trust fund
Examples of EPTATF Operations
Institutional framework
Central Asia
Institutional framework
Cooperation with other institutions and organisations
Financing facilities
Technical assistance and grants
Sub-Saharan Africa, Caribbean and Pacific
Funding and financial instruments
Applying for loans
Cooperation with partners
Boost Africa - empowering young African entrepreneurs
Investment Facility
Other initiatives
Activities
Asia and Latin America
Sectors
Agriculture, food and rural development
Digital economy
Education and training
Energy
Forestry
Health and life science
Regional development
Trans-European Networks
Transport
Urban agenda
Water and wastewater management
Our initiatives
Economic Resilience Initiative
Gender equality
Circular economy
Projects to be financed
Recently approved projects
Breakdown by region
Breakdown by sector
Explanatory notes
Projects financed
Breakdown by region
Breakdown by sector
Multi-criteria list
EFSI project list
Project cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Operations evaluation
Process and methodology
EIB blog

Energy

The promotion of sustainable, competitive and secure sources of energy is a key EU policy objective and an important sector for EIB financing. The EIB applies strict energy lending criteria established on the basis of a comprehensive review to ensure that our lending in the energy sector reflects EU energy and climate policy, as well as current investment trends. As a result of the review, our energy lending focuses on energy efficiency, renewable energy, energy networks, as well as related research and innovation. In the transition to a low-carbon global economy, we also introduced an Emissions Performance Standard which is applied to all fossil fuel generation projects to screen out investments whose carbon emissions exceed a threshold level which reflects existing EU and national commitments to limit carbon emissions.

Approach

We finance projects that support:

  • sustainability through renewable energy sources to reduce greenhouse gas emissions and dependence on finite energy resources
  • competitiveness in energy supply to create a genuine European single energy market to boost efficiency and control consumer prices
  • energy efficiency technology to support energy-related research, development and innovation
  • supply security through diversification, particularly with indigenous sources to cut the risks from dependence on external supplies

Focus on renewables and efficiency

Energy renewables

We support the development and expansion of renewable energy projects to make Europe’s energy supplies more sustainable, competitive and secure.

By investing in renewable energy we support the European Union’s climate policy and will help to achieve our target of 20% of overall EU energy consumption being met from renewable energy sources by 2020. We not only finance mature renewable energy technologies, such as onshore wind farms, hydropower, geothermal and solid biomass, but also strongly encourage the expansion of early-stage or evolving technologies such as solar, offshore wind, photovoltaic, concentrated solar power and second-generation biofuels. We require the best available technology to be used in all the projects we finance.

Energy efficiency

Increased energy efficiency lowers costs and improves competitiveness in the production of goods and delivery of services. Investments in energy efficiency also have the potential to create significant numbers of jobs.

Our financing of such projects supports the EU’s goal of increasing energy efficiency in the Union by 20% by the year 2020 so as to reduce energy consumption. Projects typically include retrofitting and expansion of existing social and urban infrastructure and services. This involves district heating and cooling, cogeneration, rehabilitation and modernisation of buildings and improvement of industrial processes, as well as improving and upgrading the energy values of urban transport, waste and water management networks.

We streamline energy efficiency considerations across the whole range of our lending activities. We apply the highest EU standards with regard to cogeneration and the energy performance of buildings and, in most cases, we ask for energy audits to be undertaken in order to assess whether investments are in line with these standards.

Renewable energy and electricity transmission in the Azores

Electricidade do Açores S.A. (EDA) turned to us to support their 2011-2016 investment programme. The project covers investments in the areas of geothermal energy, electricity transmission and distribution and oil-fired generation in the nine Portuguese islands and will result in the addition of 15.5 MW of generating capacity and the implementation of 200 transmission and distribution schemes.

Boosting sustainable energy investment in Slovenia

Together with SID banka we are set to unlock much-needed funding for energy efficiency – particularly in buildings and for SMEs – and small-scale renewable energy in Slovenia. This will help deliver both economic and environmental benefits through some 70 000 MWh of energy savings and reduced CO2 emissions.



Meeting climate and energy challenges

Click to play the videoPlay the video

The EIB plays a major and growing role in providing finance to the renewable energy sector. This film illustrates the EIB’s financing for renewable energy as one of the pillars of the Bank’s climate action.



Products

Loans – the main source of our backing for energy projects. We also offer structured financing options.

Investment – We and our partners have raised billions of euros for climate investment through funds of funds such as the Global Energy Efficiency and Renewable Energy Fund, European Energy Efficiency Fund and vehicles such as the Marguerite Fund, the Crescent Clean Energy Fund, the Facility for Energy Sustainability and Security of Supply and the Green Initiative and the Climate Awareness Bond.

Initiatives - Energy efficiency is supported via the joint EIB/European Commission initiatives such as ELENA (energy project feasibility assistance),  and JASPERS.

Partnership – We work with others to provide funding, such as through the Mediterranean Solar Plan.

RDI support – We share risk in the research, development & innovation (RDI) process through our InnovFin programme.


Press

Publications

Stories


 Print