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Tag: intensive

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 […]