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Slovakia's EUR1 billion support to combined heat and power installations wins EU approval

( March 4, 2021, 10:45 GMT | Official Statement) -- MLex Summary: Slovakia has won European Commission approval for its plans to spend over 1 billion euros to support the generation of power from efficient cogeneration installations connected to district heating networks, the EU executive said today. The support — which will be granted for a maximum period of 15 years — is an “important contribution” to the bloc's energy and climate goals, said competition chief Margrethe Vestager. Coal-fired installations won't be eligible for the support, the watchdog added.Statement follows. ...

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