EU greenlights €209m Hungarian aid for SK on Hungary’s EV battery plant

The plant will have an annual capacity of 30 GWh and is expected to create at least 1,900 direct jobs

EU approves €95m Polish aid for LG Chem’s EV battery plant expansion

The new plant is expected to supply batteries for more than 295,000 EVs every year in the European Economic Area

Leaked EU document suggests companies hit by Russian sanctions can get €400k

Companies hit by rising gas and electricity prices could reportedly get state aid

EU greenlights €2.7bn restructuring aid for Romanian power company

CE Oltenia, active in power generation, local heat supply and mining, is the third largest producer of electricity in Romania

EU approves Hungary’s €24m state aid for battery copper foil plant

The copper foil manufactured by Volta Energy Solutions in this facility will specifically be used for EV batteries

EU endorses new state aid guidelines for climate, environmental protection and energy

The guidelines include sections to support the decarbonisation of the economy in a ‘broad and flexible manner’ open to all technologies that can contribute to the European Green Deal

EU Commission greenlights French support for natural gas storage

France introduced a regulatory mechanism for natural gas storage in December 2017, with the aim of keeping existing storage capacities deemed necessary in operation to ensure the security of gas supply

German scheme extension to support CHP plants gets EU approval

The Commission said the scheme, approved until 2026, will further promote energy efficiency, lead to a better integration of co-generated power into the German electricity market and lower CO2 emissions, without distorting competition

EU approves €22.5bn Polish scheme to support offshore wind farms

The aid will be granted in the form of a two-way Contract for Difference premium

EU approves €254m Romanian aid to upgrade district heating system

The district heating system in Bucharest is the largest of its kind in the EU and the second largest in the world, serving 1.2m people