The European Commission has granted approval for a €2.4bn ($2.9bn) Czech project designed to foster the construction and operation of sustainable biomethane production facilities.
This initiative aligns with the Czech Republic’s National Energy and Climate Plan and contributes to the overarching goals of the European Green Deal. It plays a pivotal role in steering the country away from dependence on Russian fossil fuels in line with the REPowerEU Plan.
The scheme, set to run until December 31, 2025, offers support for the construction and operation of new or converted biomethane production plants.
It targets producers compliant with the EU Renewable Energy Directive, predominantly benefitting small and medium-sized enterprises (SMEs) and renewable energy communities managing projects of up to six MW (megawatt) installed capacity.
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