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Workshop on Integration and Cross Border Trade of Renewable Energy Resources in Regional Transmission Networks Istanbul, 8 – 9 March 2011. EUROPEAN COMMISSION SUPPORT FOR THE ENERGY COMMUNITY Simon Uzunov Energy Community Secretariat www.energy-community.org. CONTENTS.

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CONTENTS

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  1. Workshop on Integration and Cross Border Trade of Renewable Energy Resourcesin Regional Transmission NetworksIstanbul, 8 – 9 March 2011 EUROPEAN COMMISSIONSUPPORT FOR THE ENERGY COMMUNITYSimon UzunovEnergy Community Secretariatwww.energy-community.org

  2. CONTENTS EC and the ENERGY COMMUNITY - a bridge between EU and the SEE Region WBIF management - innovative financing mechanism (bottom-up) WBIF implementation - full ownership by the beneficiaries

  3. ENERGY COMMUNITY structure PARTIES to the TREATY (March 2011) • 14 Participants • Austria • Bulgaria • Cyprus • Czech Republic • France • Germany • Helenic Republic • Hungary • Italy • The Netherlands • Romania • Slovakia • Slovenia • United Kingdom • 9 Contracting Parties • Albania • Bosnia and Herzegovina • Croatia • The former Yugoslav Republic of Macedonia • Montenegro • Serbia • UNMIK • Moldova (May 2010) • Ukraine (February 2011) 7 inWestern Balkans • 3 Observers • Georgia • Norway • Turkey

  4. WBIF management WBIF – Western Balkans Investment Framework • Basics Innovative financing mechanism launched in December 2009 as a regional tool, • designed to pool and blend grants, loans and expertise from: • the Western Balkan countries (Albania, Croatia, Bosnia and Herzegovina, former Yugoslav Republic of Macedonia, Montenegro, Serbia and UNMIK1), • the EC (DG ELARG) in the framework of the EU pre-accession instruments (IPA), • IFI-s (EIB, EBRD, CEB2) • EU bilateral donors through the European Western Balkan Joint Fund (EWBJF); • aimed to prepare financing of a common pipeline of priority investment projects for the regionin • Transport, Social Infrastructure, Private sector, Environment and Energy WBIF was established with the aim to enhance harmonization and cooperation in investment for the Western Balkan’s socio-economic development 1Kosovo under UNSCR 1244 2 Council of Europe Development Bank

  5. WBIF management WBIF – Western Balkans Investment Framework • Governance • The Steering Committee (SC) • Takes all decisions related to JGF including project approvals, • Provides strategic guidance for WBIF • composed of representatives from EC, partner IFIs and EWBJF1; • co-chared by EC (permanent) and EWBJF (rotational), meets every six months • The Project Financier’s Group (PFG) • Responsible for screening and assessing requests for financial support from JGF with objective of • establishing a pipeline of priority projects • composed of representatives from EC, partner IFIs, bilateral IFIs and donnors, meets quarterly • represents a single entry point for the projects The National IPA Coordinator’s (NIPAC) and at least one IFI support is required for eligibility of a project to access the pipeline 1 European Western Balkan Joint Fund

  6. WBIF implementation WBIF – Western Balkans Investment Framework • Resources IFIs, NIPACs Western Balkans PRIORITY PROJECTS Other IFIs (WB), other bilaterals,national IPA,own funds PROJECTS LOANS Only in the first year of its existence (2010) WBIF directly disbursed 39 million EUR of grants for 39 projects which will receive loans of 2.6 billion EUR and mobilize investments of 5.2 Billion EUR.

  7. WBIF implementation WBIF – Joint Grant Facility1 • JGF Consolidated structure To date, (including the work done under the IPF in 2008 and 2009) WBIF approved 78 grant projects bringing the total grant contribution close to136 million EUR which is expected to leverage as much as 3.2 billion EUR of loans and estimated investments of 6.8 Billion EUR. 1 Source – Review of the WBIF prepared for the CS [December 2010]

  8. WBIF implementation WBIF – Joint Grant Facility1 • JGF Consolidated structure To date, (including the work done under the IPF in 2008 and 2009) WBIF approved 78 grant projects bringing the total grant contribution close to136 million EUR which is expected to leverage as much as 3.2 billion EUR of loans and estimated investments of 6.8 Billion EUR. 1 Source – Review of the WBIF prepared for the CS [December 2010]

  9. WBIF implementation WBIF – Joint Grant Facility1 • JGF Consolidated structure To date, (including the work done under the IPF in 2008 and 2009) WBIF approved 78 grant projects bringing the total grant contribution close to136 million EUR which is expected to leverage as much as 3.2 billion EUR of loans and estimated investments of 6.8 Billion EUR. 1 Source – Review of the WBIF prepared for the CS [December 2010]

  10. WBIF implementation WBIF – Joint Grant Facility • Project management (bottom-up) WBIF pipeline (SC) CEB DG ELARG PROJECT DATABASE (PFG) EIB Bilateral PFG EBRD NIPACsRegional programming bodiesEU delegations (IPA)National authorities (central, local)Local stakeholdersOther IFIs (WB, bilateral) • Infrastructure Project Facility (IPF) – EC contribution „in kind“ Other initiatives still need to be integrated such as national IPA and PPF, as well as regional RCC, SEETO, REC, RENA, PEIP, DABLAS – including the Energy Community (ECS)

  11. WBIF implementation WBIF – Western Balkans Investment Framework • WBIF 2010 • Three grants approved in 2010 in ENERGY sector(SC) • WB4bis-SER-ENE-05 (Government of Serbia) - energy / district heating - TA with Program Preparation (KfW) - 28.297 Mil EUR - grant proposal [500.000 EUR from EWBJF]; • WB4bis-MKD-ENE-03 (PE „HS Zletovica“ - former Yugoslav Republic of Macedonia) - energy / hydro - Update of FS for irigation component / FS for hydro component / project economic analysis / EIA & SIA for hydro component (EIB / JBIC) - 131 Mil EUR - grant proposal [1.000.000 EUR - 500.000 from EWBJF and 500.000 from EIB]; • WB4bis-REG-ENE-01 (OST - Albania and MEPSO - former Yugoslav Republic of Macedonia) - energy / transmission - FS and environmental and Social Impact Study - (EBRD / KfW) - 36.5 Mil EUR - grant proposal [650.000 EUR - 325.000 EUR from EWBJF and 325.000 EUR from EBRD] A total of 2.150.000 EUR grant assistance for the energy sector is proposed by the WBIF-SC in December 2010

  12. WBIF implementation WBIF – monitoring framework 2011 PFG 9 PFG 11 SC 4 PFG 8 PFG 10 Screening Assessment and decision Project proposals[10 February] Submission[23-24 June] SC 5 • Timing1 • The deadline for submission of project proposals to the PFG is set at least 3 weeks (screening period) before the date of the PFG meeting. • JFG should be able to provide an approval for a project within maximum 6 months. • A possibility to re-examine project proposals to be amended following SC decision. The overall amount available in the Joint Grant Facility for 2011 is estimated at a maximum of 50 Million EUR (excluding the specific allocation for the private sector) 1 Source – EC Note on WBIF-JGF-PFG work plan 2011 [November 2010]

  13. WBIF implementation WBIF – monitoring framework 20111 Following the CALL published on 8 December 2010 WBIF PFG received 41 project applications by the deadline of 10 February 2011requesting a total of100 Million EUR in grants. 1 Source – WBIF-PFG Update [February 2011]

  14. I appreciate your attention www.energy-community.org

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