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Europe Daily Bulletin No. 13019

13 September 2022
ECONOMY - FINANCE - BUSINESS / State aid
Green light for Romanian aid to compensate energy-intensive companies for indirect emission costs
Brussels, 12/09/2022 (Agence Europe)

The European Commission authorised, on Monday 12 September, a €1.5 billion Romanian scheme to partially compensate energy-intensive companies facing higher electricity prices due to indirect emissions costs under the EU Emissions Trading System (ETS).

The scheme will cover part of the higher electricity prices resulting from the impact of carbon prices on electricity generation costs (‘indirect emissions costs’) incurred between 2021 and 2030. The support measure aims to reduce the...

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