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Table 19.5 Type of project and funding available. TYPE of PROJECT (vs. power, technology and no building) G1 Hot water and/or heating and cooling open circuit (one building). G2 Hot water and/or heating and cooling closed circuit with horizontal drilling (one building) G3 Hot water and/or heating and cooling closed circuit with vertical drilling (one building) G4 Hot water and/or heating and cooling by Direct uses (one building) GR1 Centralized generation heating installations GR2 Centralized generation heating and cooling installations GR3 Centralized generation heating installations with decentralized cooling installation Maximum: 350.000 €/project. Maximum per ESCO: 1.000.000 € 19.5 Economics 19.5.1 TrendsinGeothermalInvestment €/ kW 800 1.600 2.200 2.200 2.300 2.500 2.600 For the next year, in thermal applications, IDAE has just approved the " GIT" Program which is a funding program to meet the financing needs for large-scale production of thermal energy for buildings from the use of renewable energy (biomass, solar thermal and geothermal), as published in the resolution of April 26, 2011 the BOE. This next edition is intended for those projects which, because of their size and complexity, were beyond the limits set in the call for programs BIOMCASA, GEOTCASA SOLCASA. It will establish a system of financing major facilities in these areas, to continue the strong boost of the energy services model to ensure a quality adapted to the needs of users of hot water and air conditioning in buildings, all under the Renewable Energy Plan in Spain 2005-2010. The GIT program has a budget of € 17,000,000 for the funding of projects submitted by ESCOs (energy service companies) to enable the implementation of major projects that meet program requirements. The maximum funding per project will be 80% of the value of the investment, with an absolute upper limit of funding per individual project of € 3,000,000. In turn, the minimum level of funding for individual projects is set as follows: € 350,000 for BIOMCASA GIT projects € 250,000 for SOLCASA GIT projects € 350,000 for GEOTCASA GIT projects One renewable energy services sector demanded a program of this kind which will no doubt get the IDEA boost renewable energy services model applied to large building projects such as district heating, ACS and air conditioning resorts and shopping centers, etc. 226PDF Image | Geothermal Research and Tech IEA
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