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ELECTRICITY: EU Greenlights Support For Polish Electricity Storage

ELECTRICITY
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The European Commission has approved €1.2bn in support for Poland’s investments in electricity storage facilities, it said. 

  • The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF').
  • With the grants, Poland plans to install at least 5.4GWh of new electricity storage facilities and will help Poland to reduce its reliance on fossil fuels.
  • The scheme will support new storage systems with at least 4MWh of capacity. 
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The European Commission has approved €1.2bn in support for Poland’s investments in electricity storage facilities, it said. 

  • The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF').
  • With the grants, Poland plans to install at least 5.4GWh of new electricity storage facilities and will help Poland to reduce its reliance on fossil fuels.
  • The scheme will support new storage systems with at least 4MWh of capacity.