The number of NER300 project proposals forwarded by each Member State to the EIB for technical and financial due diligence has appeared on the European Commission’s NER300 site. Of the 153 proposals submitted in February, only 78 remain, with similar proportions of renewable energy and CCS proposals eliminated.

The NER300 competition rules, if strictly applied, would tend to give the greatest chance of winning funding to the countries that enter the greatest number of proposals.

The fact that the number of technical and financial due diligence assessments needed is now lower than the EC-EIB had planned (110 were expected) might mean they can be completed more quickly.