2021-01-27 13:40:00
CZECH RENEWABLES FUND €5.8 BLN
ENERDATA - 27 Jan 2021 - The Czech government has approved the creation of a CZK150bn (€5.8bn) modernisation fund to invest in renewable energy sources, to modernize heat supply systems, to improve energy efficiency, and to reduce greenhouse gas (GHG) emissions from companies subject to the EU emission trading scheme (ETS). The country plans to finance the fund by selling carbon allowances. The fund is divided into 9 programmes, with 39% of the fund dedicated to new renewable energy sources, 26% to the modernisation of thermal energy systems and 13% to energy efficiency measures and GHG emissions cuts in industry under the EU ETS.
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Earlier:
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