Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-239"

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"I should like to offer my congratulations on the excellent work carried out by Mrs Van Brempt. The amendment to the legislation on the European Energy Programme for Recovery will make it possible to use the available funds to finance projects including: refurbishing public and private buildings to improve energy efficiency or to switch to renewable energy; constructing renewable energy plants and integrating them into electricity grids; developing clean urban public transport solutions, such as electric and hydrogen vehicles; and developing local infrastructure, including efficient street lighting, electricity storage and the provision of smart metering and smart grids. Funds will be targeted at supporting local and regional authorities in projects that should prove economically and financially efficient, so as to ensure a return on the investment in good time. A total of EUR 146.34 million should be made available from January 2011 to 31 March 2014. Contributions received may take the form of loans, guarantees, equities or other financial products. Up to 15% of the sums paid out may be used to assist public authorities in preparing the projects, which will be selected partly on the basis of geographical balance."@en1

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