Energy Live News
Summary
The European Commission has approved the extension and modification of an existing German scheme to support electricity production from highly efficient combined heat and power (CHP) plants.
Germany notified the Commission of its intention to prolong and modify an existing aid scheme to support new and modernised CHP facilities as well as the construction and expansion of energy efficient district heating/cooling networks as well as the construction and retrofitting of heating/cooling storage facilities.
Under the existing scheme, operators of CHP installations will have to offer their electricity on the market and will receive support in the form of a fixed premium on top of the market price, except for very small installations, which will be eligible to receive feed-in tariffs.
The annual budget to support CHP installations, storage facilities and district heating and cooling networks amounts to €1.8 billion (£1.54bn).
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#DistrictHeating
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