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Europe Daily Bulletin No. 13496

4 October 2024
Contents Publication in full By article 16 / 31
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves Polish scheme worth €1.2 billion for electricity storage facilities
Brussels, 03/10/2024 (Agence Europe)

On Thursday 3 October, the European Commission authorised a €1.2 billion Polish State aid scheme to support investments in electricity storage facilities to foster the transition to a net-zero economy.

These new facilities (electricity storage) will have a minimum capacity of 5.4 GWh. The scheme will be financed partly by the Modernisation Fund and partly by the Recovery and Resilience Facility (RRF).

The scheme will only support newly installed storage facilities with a capacity of at...

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SECTORAL POLICIES
Russian invasion of Ukraine
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