BNN
Summary
On Wednesday, the European Commission gave the green light for Romania to extend and expand its state aid scheme for combined heat and power (CHP) cogeneration, a move set to significantly bolster the country's green energy infrastructure. Initially set to expire in June 2024, the scheme will now run until July 31, 2028, with its budget ramped up from €390 million to a whopping €752 million. This strategic decision underscores the European Union's commitment to sustainable energy and Romania's pivotal role in the green transition.
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