The objective of this project is to support the Commission on preparations for implementation of EU ETS Directive Articles 10c and 10d (the Modernisation Fund) during the 2021-2030 period. To be effective as financing mechanisms, much work is needed within each of the ten beneficiary Member States to understand:
- the new rules for disbursement of Article 10c monies, including the competitive tendering process to be adopted by Member States;
- how the Modernisation Fund will function;
- the needs of the domestic energy system over at least the next 10 years; and,
- the most effective and efficient way to disburse funds to stakeholders/projects to maximise the policy benefits from the instruments.
To improve the understanding on Modernisation Fund and Article 10c and to provide capacity building, on behalf of the European Commission, the project consortium will organise a series of stakeholder workshops in beneficiary Member States.
jtk [at] eclareon.com