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Europe Daily Bulletin No. 13417

28 May 2024
Contents Publication in full By article 23 / 37
ECONOMY - FINANCE - BUSINESS / Competition
European Commission approves Czech measure worth around €3.2 billion to support energy transition
Brussels, 27/05/2024 (Agence Europe)

On Monday 27 May, the European Commission announced that it had authorised a Czech State aid scheme worth around €3.2 billion (CZK 75 billion) to support the production of electricity from high-efficiency combined heat and power plants.

The scheme is open to companies operating new or upgraded cogeneration plants in the Czech Republic, irrespective of the technology, with the exception of those powered by fossil fuels. These installations must meet the definition of high-efficiency...

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