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Spain approves aid worth €170 million to finance energy efficiency projects for tourism companies

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Spain approves aid worth €170 million to finance energy efficiency projects for tourism companies

The forecast for this year is that 2,622 tourist establishments will renew and improve their energy efficiency and reduce energy consumption.

On March 15, 2022, the Council of Ministers of Spain authorized the distribution among autonomous communities and autonomous cities of 170 million euros for financing energy efficiency projects and circular economy projects in tourism companies as part of the Spanish plan for Next Generation EU funds.

According to the Minister of Industry, Trade and Tourism , Reyes Maroto , "the government intends to increase the competitiveness of our tourism companies with these investments by promoting energy efficiency and circular economy projects that reduce energy costs and the carbon footprint". According to the Recovery Plan, 170 million euros will be invested in projects in 2,627 establishments across Spain this year. Additionally, tourism companies will be able to finance sustainable projects through the State Financial Fund for Tourism Competitiveness (FOCIT), which has an endowment of €570M.

The distribution by Autonomous Community takes into account the estimated number of rooms and establishments open on a monthly basis in each community or city:

Budget item 2022

Resulting amount (thousands)

Number of establishments to rehabilitate

Total National

170,000.00

2,627

01 Andalusia

27,160.89

420

02 Aragón

7,456.13

115

03 Asturias, Principado de

6,626.89

102

04 Balears Illes

12,721.85

197

03 Canarias

16.05.47

255

06 Cantabria

3,136.99

48

07 Castilla y León

16,313.38

252

08 Castilla-La Mancha

8,254.32

128

09 Cataluña

26,320.46

407

10 Comunidad Valenciana

214

11

11 Extremadura

3,714.39

57,8123

12 Galicia

13,860.97

121

13 Madrid, Comunidad de

9,185.16

142

14 Murcia, Region de

2,021.12

31

15 Navarra, Comunidad Formal de

3,706.37

57

16 País Vasco

3,942.12

61

17 Rioja, La

1,103.59

17

18 Ceuta

66.58

1

19 Melilla

62.22

1

The beneficiaries of such distribution are all the Autonomous Communities, who will direct the budget to the ultimate recipients, the tourism companies.

The eligible actions must provide for the improvement of energy efficiency of the thermal envelope, the use of renewable energy for heating, cooling, air conditioning, and domestic hot water, and the improvement of lighting installations.

The actions must result in a reduction of 30% in non-renewable primary energy consumption from the starting point.


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