An additional €30 million in funding was provided for the National Energy Retrofitting Programme by the Minister for Finance in the Jobs Initiative announced on Tuesday 10th May 2011. This funding comprises of an additional €19 million in Exchequer Funding with the balance of €11 million being provided from savings within my Department's existing capital allocation.
The specific spending programmes and amounts which are involved in achieving the €11m savings are as follows:
High Speed Schools' Broadband Programme: €3m
Postcodes Programme: €2m
Ocean Energy Programme: €6m.
Given the time of the year and the stage of progression of each of the above programmes/projects, these monies will not be required in these areas this year.