IDAE-European Regional Development Fund (ERDF) Subsidies

During the implementation of the IDAE-European Regional Development Fund (ERDF) programme a total of 121 applications for potential projects were received and processed, leading to the definitive implementation of 50 installations, with a total value of € 37.7 million. IDAE provided 49.2% of the finance for these projects and 50.8% was provided by the European Union’s ERDF funds, in accordance with the co-financing conditions laid down in the ERDF-IDAE global subsidy. In terms of the energy technologies involved in the facilities installed, the investments were distributed as follows: - Final energy saving and substitution by natural gas: 39%. - CHP: 25% - Mini-hydropower: 1.5% - Wind power: 24.2% - Biomass: 7.4% - Solar power: 2.9%