ERDF 700 million 2021-2027 in aid for 'innovative energy storage projects'

The aim of the European Union for 2050 is to achieve climate neutrality and to achieve this, it is necessary to increase existing energy storage, which is why, in order to implement the Long-term Decarbonisation Strategy (LPD), it is estimated that the current storage capacity will need to be increased by more than three times. It must be borne in mind that, in a context of energy transition, storage is one of the most important challenges for a…

The recent distribution of aid for innovative energy storage projects has left a clear role for four autonomous communities: Andalusia, Galicia, Castilla-La Mancha and Extremadura. These regions account for 77% of the 700 million euros destined to boost energy storage in Spain, within the framework of the Plurirregional Feder Program 2021-2027. The breakdown of the allocation by autonomous communities confirms that the largest amounts have been …

Impulse to decarbonization with an investment of 700 million euros The Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has published the regulatory bases and the call for aid for innovative energy storage projects.This initiative, equipped with 700 million euros from the ERDF Multiregional Program 2021-2027, seeks to accelerate the decarbonization of the electrical system and strengthen the integration of renewable …