Here you can estimate, according to parameters you set, how many projects will be funded in the first call. Choose a value for the NER300 pot and an estimated typical value for the amount of NER300 funding requested by the projects making up the RES Group or CCS Group. These “Groups” contain the projects ranked first in their subcategories.
The tool assumes:
- Strict adherence to the methodology for “Calculation of Funding Proportion” described in Appendix A10 of the Procedures Manual and to the rule that no project may request more than 15% of the expected combined value of the first and second call pots;
- The size of the pot for the second call is 50% of the size of pot for the first call;
- No projects that received EEPR funding are among the 1st-ranked projects in line to receive funding. (This assumption is wrong since two EEPR projects, Don Valley and Bełchatów are in this category. As a rule of thumb, at current carbon prices, add 0.5 CCS projects to the number predicted by the model in each case.)
A value corresponding to the upper end of the EC’s expectation for the net value of the NER300 pot for the first call is proposed as a default input to the simulation tool.