Renewables

Biomass, biogas and geothermal getting EUR 100 million boost

Photo: Pixabay

Published

October 13, 2016

Country

Comments

comments icon

0

Share

Published:

October 13, 2016

Country:

Comments:

comments icon

0

Share

A support programme worth more than EUR 100 million has been drafted for investments in less exploited renewable resources, like biomass, biogas and geothermal, portal Energynomics.ro reported. Romanian Ministry of European Fund said the maximum planned grant per project is EUR 15 million.

The funds will be provided from the European Regional Development Fund and cofinanced by the state through the budget of the ministry. Over EUR 20,1 million is set for next year, for 2018 the sum is EUR 30,1 million, and for 2019 even more – EUR 40,2 million, while EUR 10 million is allocated for 2020.

State aid is not allowed to top 45% of investments in energy generation facilities, according to the scheme. The government’s document adds information from the national strategy for 2007-2020 that renewables account for the production of 6.55 million tonnes of oil equivalent and that the unused technical potential is approximately another eight million, mostly from biomass and biogas.

Related Articles

Greece installed 2.5 GW of solar in 2025, as utility segment dominates

Greece installs 2.5 GW of solar in 2025 as utility segment dominates

12 January 2026 - Greece is expected to reach its 2030 goal for solar installations early, according to SolarPower Europe's forecast

Belgium former Ministry of Energy Tinne Van der Straeten CEO WindEurope

Belgium’s former Ministry of Energy Tinne Van der Straeten to become CEO of WindEurope next month

12 January 2026 - WindEurope's CEO-appointee Tinne Van der Straeten, Belgium's former minister of energy, will assume office on February 2

Why CEE is one of most attractive regions investment new energy projects

Why CEE is one of most attractive regions for investment in new energy projects

12 January 2026 - Munir Hassan and Thomas Hamerl, partners in CMS's energy practice, outlined the developments in the renewable energy market for 2026

ContourGlobal 500 MWh standalone BESS facility in Bulgaria

ContourGlobal installs 500 MWh standalone BESS facility in Bulgaria

09 January 2026 - ContourGlobal inaugurated a standalone battery energy storage system of 202 MW. It is participating in Bulgaria’s day-ahead and intraday electricity markets.