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Europe Daily Bulletin No. 13365

7 March 2024
Contents Publication in full By article 20 / 29
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves Romanian aid worth around €3 billion to support energy transition
Brussels, 06/03/2024 (Agence Europe)

On Wednesday 6 March, the European Commission announced that it had approved a Romanian aid scheme worth around €3 billion (15.22 billion Romanian lei) to support projects for the construction and operation of new facilities producing electricity from onshore wind and solar photovoltaic infrastructures.

The aid, which will be granted before 31 December 2025, will take the form of a two-way contract for difference.

The companies benefiting from this support will be selected through a...

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