ERDF Priority 3: Renew. Energy & Energy Efficiency WW&V: ERDF Allocation EW: ERDF Allocation £136,658,790 £17,920,313 Areas Specific Objective Results Target Group Targeting Principles SO(3.1) for East Wales Number of sites in Community groups • Must be complementarity to activity of the • and SO(3.2) for WW&V: Wales generating or social enterprises Energy Wales Programme. electricity from looking to set up a To increase the number of renewable sources community / small Must demonstrate it is addressing • small scale renewable [excluding PV] (DUKES) scale energy specific market failure, not adding to a energy schemes schemes. crowded funding mix. All Wales established Target (WW&V): additional 37 sites Other organisations Opportunities identified for close links and • with capacity to WW&V = £18,704,750 cooperation with similar funding Target (EW): develop local / programmes (e.g. UK, Welsh and Local additional 3-6 sites small scale energy EW = £3,584,062 schemes or specialist lenders). schemes. Must complement the activity of the • Energy Wales Programme. SO(3.1) Increase the number of wave and tidal Opportunities identified for co-investment • energy devices being with other funding programmes (e.g. UK, MW installed capacity Businesses and • Welsh and Local schemes or specialist tested in Welsh waters and West in wave and tidal organisations lenders). off the Welsh coast, Wales (DUKES) involved in the including multi-device and the marine energy array deployments, Fit with developments and technological • Valleys Target: increase from industry and marine thereby establishing Wales advances elsewhere in the UK, EU and Only 7MW to 20MW energy supply globally. as a centre for marine chain. energy production Identify how Wales can realise maximise • economic benefits in the long term (e.g. WW&V = £80,342,755 manufacturing, operation and maintenance)
ERDF Priority 3: Renew. Energy & Energy Efficiency WW&V: ERDF Allocation £136,658,790 EW: ERDF Allocation £17,920,313 Areas Specific Objective Results Target Group Targeting Principles All Wales SO(3.1) for East Wales and SO(3.2) for WW&V: To increase the number of small scale renewable energy schemes established WW&V = £18,704,750 EW = £3,584,062 • Number of sites in Wales generating electricity from renewable sources [excluding PV] (DUKES) Target (WW&V): additional 37 sites Target (EW): additional 3-6 sites Community groups or social enterprises looking to set up a community / small scale energy schemes. Other organisations with capacity to develop local / small scale energy schemes. • Must be complementarity to activity of the Energy Wales Programme. • Must demonstrate it is addressing specific market failure, not adding to a crowded funding mix. • Opportunities identified for close links and cooperation with similar funding programmes (e.g. UK, Welsh and Local schemes or specialist lenders). West Wales and the Valleys Only SO(3.1) Increase the number of wave and tidal energy devices being tested in Welsh waters and off the Welsh coast, including multi-device array deployments, thereby establishing Wales as a centre for marine energy production WW&V = £80,342,755 • MW installed capacity in wave and tidal (DUKES) Target: increase from 7MW to 20MW Businesses and organisations involved in the marine energy industry and marine energy supply chain. • Must complement the activity of the Energy Wales Programme. • Opportunities identified for co-investment with other funding programmes (e.g. UK, Welsh and Local schemes or specialist lenders). • Fit with developments and technological advances elsewhere in the UK, EU and globally. • Identify how Wales can realise maximise economic benefits in the long term (e.g. manufacturing, operation and maintenance)