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Tag: energy

EIB approves € 7.5 billion for COVID-19 response and investment in health, private sector, clean transport, education and energy

©VK Studio/Architectenbureau Robbrecht & Daem € 3.2 billion for COVID-19 public health, elderly care and targeted business support € 1.5 billon for clean transport, including electric vehicle, high speed rail and public transport Additional backing for higher education, renewable energy and urban development € 1.9 billion for health and private sector investment outside Europe The […]

State aid: EU Commission approves compensation to energy-intensive companies in Romania for indirect emission costs

The European Commission has approved, under EU State aid rules, Romanian plans to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs under the EU Emission Trading Scheme (ETS). The scheme will cover the period 2019-2020, with a provisional budget of approximately €291 million (RON 1397 million). The measure will benefit […]

Coronavirus: EU energy sector is well prepared and ready to contribute to economic recovery

Yesterday, EU Energy Ministers, together with the Commissioner for Energy, Kadri Simson, discussed the preparedness of the energy sector in response to the COVID-19 crisis and its potential to contribute to economic recovery programmes. They concluded that the European energy system is resilient and that there is currently no risk to supply disruption. Following the […]

Ferrari collaboration to produce valves for respirators and fittings for protective masks

Ferrari has started to produce respirator valves and fittings for protective masks at its Maranello plant as one of its initiatives in support of health workers treating coronavirus patients. The department where car prototypes are usually built is producing these thermoplastic components using additive manufacturing technology. Some valves have been developed by Mares, a diving […]