15 Amendments of Theresa GRIFFIN related to 2015/0009(COD)
Amendment 98 #
Proposal for a regulation
Recital 11 a (new)
Recital 11 a (new)
(11a) The investments supported under EFSI should contribute to the aim of Article 194 (1) of the Treaty in particular promoting energy efficiency and energy savings and the development of new and renewable forms of energy and promoting the interconnection of energy networks, and to the Union's strategy for smart, sustainable and inclusive growth adopted in the conclusions of the European Council of 17 June 2010; in order to improve coordination of the Unions investment policies, Regulation 1303/2013 was established with a Common Strategic Framework ('CSF') in order to promote the harmonious, balanced and sustainable development of the Union. This integrated approach should accordingly be applied to operations and projects supported by the EFSI;
Amendment 103 #
Proposal for a regulation
Recital 11 b (new)
Recital 11 b (new)
(11b) The Commission Communication (COM(2015/80)) on the Energy Union has stressed the importance of energy efficiency as an energy source in its own right and states clearly that EFSI "provides an opportunity to leverage major investments in renovating buildings". In order to grasp that opportunity, a special focus on energy efficiency is needed by means of earmarking a share of the granted guarantees for energy efficiency; by providing technical assistance for the establishment of dedicated investment platforms for aggregated energy efficiency projects; and by broadening the "investment clause" for energy efficiency investments.
Amendment 129 #
Proposal for a regulation
Recital 14 a (new)
Recital 14 a (new)
(14a) When selecting the projects eligible under EFSI support, specific attention should be given to energy efficiency; when deciding on projects for energy generation or energy transport, it should be assessed whether the goals in terms of security of supply cannot be reached instead in a more sustainable and cost- effective way by reducing energy demand, through raising energy efficiency or through demand response; this to ensure that energy efficiency projects are competing on equal terms, including equal cost-benefit analysis terms, with projects that are aimed at increasing energy supply or developing new infrastructures;
Amendment 130 #
Proposal for a regulation
Recital 14 a (new)
Recital 14 a (new)
(14a) When selecting the projects eligible under EFSI support, specific attention should be given to energy efficiency; when deciding on projects for energy generation or energy transport, it should be assessed whether the goals in terms of security of supply cannot be reached in a more sustainable and cost-effective way by reducing energy demand or raising energy efficiency instead; this to ensure that energy efficiency projects are competing on equal terms with projects that are aimed at increasing energy supply or developing new infrastructures;
Amendment 190 #
Proposal for a regulation
Article 18
Article 18
Amendments to Regulation (EU) No Regulation (EU) No 1291/2013 is hereby amended as follows: (1) In Article 6, paragraphs 1, 2 and 3 are replaced by the following: ' 1. The financial envelope for the implementation of Horizon 2020 is set at EUR 74 328,3 million in current prices, of which a maximum of EUR 71 966,9 million shall be allocated to activities under Title XIX TFEU. The annual appropriations shall be authorised by the European Parliament and by the Council within the limits of the multiannual financial framework. 2. The amount for activities under Title XIX TFEU shall be distributed among the priorities set out in Article 5(2) of this Regulation as follows: (a) Excellent science, EUR 23 897,0 million in current prices; (b) Industrial leadership, EUR 16 430,5 million in current prices; (c) Societal challenges, EUR 28 560,7 million in current prices. The maximum overall amount for the Union financial contribution from Horizon 2020 to the specific objectives set out in Article 5(3) and to the non-nuclear direct actions of the JRC shall be as follows: (i) Spreading excellence and widening participation, EUR 782,3 million in current prices; (ii) Science with and for society, EUR 443,8 million in current prices; (iii) Non-nuclear direct actions of the JRC, EUR 1 852,6 million in current prices. The indicative breakdown for the priorities and specific objectives set out in Article 5(2) and (3) is set out in Annex II. 3.The EIT shall be financed through a maximum contribution from Horizon 2020 of EUR 2 361,4 million in current prices as set out in Annex II. ' (2) Annex II is replaced by the text set out in Annex I to this Regulation.rticle 18 deleted 1291/2013
Amendment 193 #
Proposal for a regulation
Article 19
Article 19
Amendment 314 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1
Article 3 – paragraph 5 – subparagraph 1
The EFSI Agreement shall provide that the EFSI shall have an Investment Committee, which shall be responsible for examining potential operations in line with the EFSI investment policies and approving the support of the EU guarantee for operations: (a) in line with Article 5,; (b) in line with the EU climate and energy objectives for 2020, 2030 and 2050; as to avoid jeopardizing these objectives or creating lock-in effects into technologies, production processes or infrastructures that are at the risk of stranding; (c) with a demonstrable economic, societal and sustainable added value promoting EU innovations, skills, jobs and competitiveness; and (d) irrespective of their geographic location.
Amendment 362 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point a a (new)
Article 5 – paragraph 2 – subparagraph 1 – point a a (new)
(aa) development of sustainable energy infrastructure, in particular in electricity interconnections, smart grids at distribution level and energy storage;
Amendment 386 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point c
Article 5 – paragraph 2 – subparagraph 1 – point c
(c) expansion of renewable energy and, energy efficiency and resource efficiency, with a particular focus on reducing energy demand through demand-side management and buildings refurbishments;
Amendment 394 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point c
Article 5 – paragraph 2 – subparagraph 1 – point c
(c) expansion of renewable energy and energy and resource efficiencydevelopment of electricity interconnections, including connecting grids to off-shore wind facilities; expansion of renewable energy capabilities, including projects resulting from the implementation of the renewables energy directive cooperation mechanisms, particularly with regard to off-shore wind energy generation;
Amendment 428 #
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 2 a (new)
Article 5 – paragraph 2 – subparagraph 2 a (new)
At least 20 % of the granted guarantees shall be reserved for energy efficiency investments, in particular via the establishment of dedicated investment platforms for the refurbishment of the building stock.
Amendment 436 #
Proposal for a regulation
Article 5 – paragraph 2 a (new)
Article 5 – paragraph 2 a (new)
2a. The EU guarantee shall only be granted for projects and operations which fulfil the following eligibility criteria: (a) Projects and operations have to contribute to the Union’s strategy for smart, sustainable and inclusive growth; they shall comply with the objectives of Article 9 and be in line with Article 10 and Annex I of Regulation (EU) No 1303/2013; (b) Projects and operations have to foster the transition towards a smart, sustainable, decarbonized economy and shall be consistent with the agreed EU climate and energy objectives for 2020, 2030 and 2050; (c) Projects and operations have to contribute to the aim of Article 194(1) of the Treaty in particular promoting energy efficiency and energy savings and the development of new and renewable forms of energy; (d) Projects and operations supported by dedicated investment platforms and national promotional banks and institutions, have to comply with the policies and eligibility criteria of the Steering Board in accordance with the second paragraph of Article 5(2); the policies and eligibility criteria of the Steering Board may not be in deviation of the criteria under (a) and (b) of this paragraph;
Amendment 469 #
Proposal for a regulation
Article 9 – paragraph 1
Article 9 – paragraph 1
1. The Commission and the EIB, with support from the Member States, shall promote the creation of a transparent pipeline of current and potential future investment projects in the Union. The pipeline is without prejudice to the final projects selected for support according to Article 3(5) but should indicate whether the proposed projects are eligible for the EU guarantee fund in accordance with the objectives and criteria laid down in Article 5.
Amendment 480 #
Proposal for a regulation
Article 10 – paragraph 2 – point b
Article 10 – paragraph 2 – point b
(b) an assessment of the economic and societal added value, the mobilisation of private sector resources, the estimated and actual outputs, outcomes and impact of EIB financing and investment operations at an aggregated basis, this includes the impact on the creation of future oriented, sustainable and local jobs, the sustainable transition and decarbonisation of the EU’s economy, the preservation and increase of the viability of ecosystem services, the diminishing of EU’s dependency on energy and natural resources, the increase of the competiveness and the innovation potential of the Union’s economy;
Amendment 505 #
Proposal for a regulation
Article 13 – paragraph 1
Article 13 – paragraph 1
In accordance with its own transparency policies on access to documents and information, the EIB shall make publicly available on its website information relating to all EIB financing and investment operations and how they contribute to the general objectives and criteria referred to in Article 5(2).