European Energy Programme for Recovery

The European Energy Programme for Recovery (EEPR) started in 2009, aimed at supporting investments in the context of the 2008 economic crisis and the clean energy transition. The nearly €4 billion (more than USD 4 billion) European programme aimed to fund 44 gas and electricity infrastructure projects, 9 offshore wind projects and 6 carbon capture and storage projects. As of 2018, 35 of 44 projects in gas and electricity infrastructure were completed; 4 of 9 in offshore wind are operational, but only one in carbon capture and storage (the CIUDEN Technology Development Plant in the north of Spain, which tested CO2 capture technology in an oxy-combustion process.)

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