The European Commission has approved a CZK75bn (€3.2bn) Czech scheme to support the production of electricity from new and modernised high-efficiency combined heat and power (CHP) plants. The scheme, which was approved under EU State aid rule, is expected to offset emissions by about 9.3 MtCO2/year.
All technologies and projects that enable the production of electricity from high-efficiency CHP installations are eligible, except for those powered by solid fossil fuels, diesel and oil. Under the scheme, the aid will take the form of a feed-in premium for each MWh of produced electricity for a duration of 15 years. The amount of bonus is set through tenders, except for small installations (up to 1 MWe) where the amount is set administratively by the Czech Energy Regulatory Office on an annual basis and limited to the funding gap.
The measure will contribute to the implementation of Czechia's National Energy and Climate Plan, the European Green Deal and the EU's energy efficiency targets.
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