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INVESTMENT OPPORTUNITY FOR FOSSIL FUEL BASED DISTRICT HEATING SYSTEMS

THE ‘IMPLEMENTATION OF GEOTHERMAL BASED DISTRICT HEATING SYSTEMS – REPLACING EXISTING FOSSIL FUEL BASED DISTRICT HEATING' CALL FOR PROPOSAL WITHIN THE RENEWABLE ENERGY PROGRAMME AREA IS PUBLISHED

We are pleased to announce that the call for proposals of the ‘Implementation of Geothermal Based District Heating Systems – Replacing Existing Fossil Fuel Based District Heating' within the Renewable Energy Programme Area is launched.

This Call for Proposals aims to improve the share of renewable energy through the increased geothermal energy production and contributing to a reduction in CO2 emissions, as well as incorporating awareness-raising. The direct target group of the call is those Hungarian settlements where district heating networks are already in place.

The minimum amount of grant assistance is 600.000 Euro (170.040.000 HUF).

The maximum amount is 3.300.000 Euro (935.220.000 HUF). Submitted applications will be assessed at the same time, following the submission deadline (7th April 2014).

The call for proposal is available: link

The online application form is planned to be available from 10th February 2014 through the online system  (https://nora.norvegalap.hu/)