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Commission approves an Irish energy efficiency scheme

The Commission has approved an Irish energy efficiency scheme designed to support energy conservation by encouraging companies to participate in energy efficient projects. The projects aim to reduce energy consumption and improve the environment. The scheme contains the follo...

The Commission has approved an Irish energy efficiency scheme designed to support energy conservation by encouraging companies to participate in energy efficient projects. The projects aim to reduce energy consumption and improve the environment. The scheme contains the following energy efficiency measures: - Energy audits; - Investment in energy efficiency technology and services, and renewable energy; - Technical advice in relation to supply and use; - Information campaigns; - Back-up measures such as studies and pilot actions. The scheme (1994-1999) has a total budget of ECU 42.2 million, of which ECU 19.7 million will be provided by the Community's European Regional Development Fund (ERDF). Support for eligible projects will be given in the form of grants. Grant aid will not exceed 50% of eligible costs.

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