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EU Approves €3.2bn Scheme for Czech CHPs

POWER

The European Commission has approved a €3.2bn Czech scheme to support the production of power from new and modernized CHP power plants, the EU said.

  • Under the measure, the aid will take the form of a feed-in premium (bonus) for each MWh of produced electricity for a duration of 15 years.
  • The amount of bonus is set through tenders, except for small installations of up to 1MW.
  • Operators of new or upgraded CHP installations in Czechia that meet the high-efficiency cogeneration definition in the Energy Efficiency Directive are the beneficiaries.
  • All projects except for those powered by solid fossil fuels, diesel and oil are eligible.
  • The government plans to phase out coal by 2033 and oil and gas by 2050, according to its National Energy and Climate Plan.
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