Eight countries receive EU support for investments improving energy efficiency
The European Commission disbursed 4.11 billion euros (about HUF 1,652 billion) to modernize the energy systems of eight beneficiary countries, including Hungary, to reduce greenhouse gas emissions from the energy industry, processing industry, transport and agriculture, and to improve energy efficiency, the Brussels body informed on Wednesday.
According to the announcement of the EU Commission, 61 investments will receive support, Croatia 119.8 million euros, the Czech Republic 1.34 billion euros, Estonia 62.4 million euros, Hungary 74.3 million euros, Lithuania 85 million euros, Poland 643.2 million euros , Romania receives EUR 1.39 billion and Slovakia EUR 399.5 million. The selected investments focus on the production of electricity from renewable energy sources, the modernization of energy networks and the energy efficiency of the energy sector, industry, buildings and transport, and contribute to the replacement of coal production with lower carbon intensity fuels.
Hungary also benefits from the resources
Investments in the optimization, digitization and automation of production processes in Hungary are supported by resources from the modernization fund of the European Union in order to reduce electricity consumption. The EU modernization fund supports investments in the production and use of energy produced from renewable energy sources, energy efficiency, energy storage, the modernization of energy networks, including district heating, pipelines, and a fair transition in coal-dependent regions.
MTI
Related news
The agricultural professionals of the future are being trained in the present
Hungarian agriculture and agricultural vocational training have a past, present…
Read more >The EU has strengthened the rules for the protection of geographical indications for food and beverages
At Tuesday’s meeting of the Agriculture and Fisheries Council, the…
Read more >The green ideology established in agriculture prevents competitiveness
The extreme green ideology that has settled on European agriculture…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >