Description
The European local energy assistance (ELENA) is implemented by the European Investment Bank on behalf of the European Commission. It is the main EU instrument for project development assistance for energy efficiency and helps public and private entities to create profitable projects at local level and to attract further investments.
level of support
EU-wide
type of funding
Grants
Funding amount
ELENA provides assistance in the form of grants to investment projects in energy efficiency, integrated renewable energy and sustainable transport in cities. The grant covers up to 90% of the technical support cost needed to prepare the investment programme for implementation and financing.
support area
Feasibility Studies, Project Planning, Citizen Engagement, Mentorship and Coaching, Peer-learning, Legal and Regulatory Guidance, Training and Capacity Building, Technology Selection and Optimization, Business Model Development, Permits, Grid Connection Assistance, Financing Support, Stakeholder Engagement
Support scope
The European Local Energy Assistance (ELENA) program supports projects by providing expert assistance with feasibility and market studies, program structuring, business plans, energy audits, and financial structuring. Additionally, ELENA aids in preparing tendering procedures, setting up contractual arrangements, and establishing project implementation units, ensuring comprehensive guidance from initial planning through project execution.
Eligibility criteria
Open to Public entities, local authorities, and energy communities across the EU. ELENA supports programmes above EUR 30 million over a period of around 2-4 years, and can cover up to 90% of technical assistance/project development costs. Smaller projects can be supported when they are integrated into larger investment programmes.
Application Process and Timeline
Projects are evaluated and grants allocated on a first-come-first-served basis.
Evidence Of Success
Since ELENA was established in 2009, it has helped mobilise more than €9,5 billion in sustainable energy and transport investments with a leverage factor of 32, meaning that every euro spent led, on average, to 32 euros in investment.
Expert Opinion
ELENA is a must for communities looking to undertake large-scale renewable energy projects, as it provides both the technical expertise and financial readiness needed for successful implementation.
