POST Online Media Lite Edition



 

EC approves €5 billion Polish support for cogenerated electricity

Christian Fernsby |
The European Commission has approved under EU State aid rules a Polish scheme to support high-efficiency cogeneration and reduced surcharges to finance the scheme for energy-intensive users.

Article continues below




It opened an investigation into reduced surcharges to finance Poland's capacity mechanism.

The scheme will support combined heat and power (“CHP”) installations connected to district heating networks in Poland.

The scheme, with an annual budget of €500 million, will run until 31 December 2028.

The support will be granted to new and refurbished highly efficient CHP installations, as well as to existing gas-fired highly efficient CHP installations.

It will be also open to generators in other Member States.

The highly efficient CHP installations benefitting from the scheme will receive support through a premiumon top of the market price (“cogeneration premium”).

The level of the cogeneration premium will be set either in a competitive bidding process or, in exceptional and clearly defined cases, determined administratively at a level covering the difference between the generation costs and the market price of electricity.

The cogeneration premium will be granted until the full depreciation of the installations it supports, for a maximum period of 15 years. TheCommission concluded that the scheme will support the production of electricity from highefficiency cogeneration and lead to a better integration of cogenerated power into the electricity market, in line with EU environmental and climate objectives, without unduly distorting competition in the Single Market.


What to read next

EC opens investigation into restructuring aid for Polish Regional Railways
EU pursues unprecedented action against Poland
Poland to defend coal sector from unfair competition

U.S.: Severe weather outbreak

 
A front extending from the Central Plains to the Southern Plains will move eastward to the Lower Great Lakes to the Central Gulf Coast by Sunday.
 
 

Latest

US oil and gas rig count stays unchanged, Baker Hughes says
Siemens will create more than 900 U.S. skilled jobs
Ralliant creating 180 jobs in Wake County, North Carolina
EnBW initiates submarine cabling for He Dreiht, advancing Germany’s largest offshore wind farm

NEWS

Belgian authorities search Huawei offices in fresh European Parliament corruption probe

Storm shifting from Four Corners states across southeast U.S. will bring areas of heavy mountain snow
Türkiye to build first wall on Greece border
Eurotunnel maintenance workers to take strike action over pay
Fire weather concerns and strong winds for central U.S:, snow across upper Great Lakes and northeast
Leaders of international customs fraud ring involving biodiesel imports arrested in Netherlands
 

BUSINESS

EuroHPC JU selects new sites across Europe to host additional AI Factories

Hungary to build world’s longest undersea power line with four partner countries
U.S. drillers cut oil and gas rigs to 592
India to commission world’s longest LPG pipeline by June
U.S. drillers add oil and gas rigs to 593
Plans revealed for train service from UK to Italy and Germany
 

Trending Now

U.S.: Severe weather outbreak

US oil and gas rig count stays unchanged, Baker Hughes says

Japan's Mitsui O.S.K. to buy Dutch tank terminal operator for $1.7bn

EnBW initiates submarine cabling for He Dreiht, advancing Germany’s largest offshore wind farm


POLITICS

Egypt secures IMF approval for $1.2B loan disbursement

EU approves €400m of renewable hydrogen funds
Midlands will benefit from more than 16,000 new EV chargers
Trump grants one-month suspension of tariffs on Mexico, Canada under trilateral agreement
Qatar plans $10 billion investment in India
Italy, UAE boost partnership with $40 billion investments
 

Today We Recommend

CMA CGM creating 10,000 new American jobs


Highlights 

Siemens will create more than 900 U.S. skilled jobs

Ralliant creating 180 jobs in Wake County, North Carolina

Mallinckrodt and Endo announce $6.7B merger


COMPANIES

Queenstown completes installation of aircraft-stopping safety beds

Mallinckrodt and Endo announce $6.7B merger
CMA CGM creating 10,000 new American jobs
Port of Barrow submits planning application for UK’s largest floating solar energy project
Swedish EV battery firm Northvolt files for bankruptcy
Japan's Mitsui O.S.K. to buy Dutch tank terminal operator for $1.7bn
 

CAREERS

Krister Johnsson appointed new CEO of Swedrive AB

UtilityInnovation Group appoints Daniel Taschik as CTO of GridSure
Equiduct names Martin Andersson as head of Nordics
Ruslan Pereira promoted to head of sales for Lindemann’s South American region
Nazeem Noordali appointed CEO of International Islamic Trade Finance Corporation
Inizio appoints Colin Stanley as chief commercial officer
 

ECONOMY

U.S. consumer confidence dropped sharply in February

EU records trade surplus for 6 quarters in a row
Brazil reaches second highest export value for January
U.S. becomes New Zealand's second largest export destination
Indonesia goes from $0.6 billion deficit to $5.9 billion surplus
Greece to repay $5.3 billion bailout debt early
 

EARNINGS

Ericsson Q2 sales down but North America up

Lockton revenue $3.55 billion
Motorcar Parts of America Q4 sales $189.5 million
Limoneira Q2 revenue $44.6 million
Lululemon athletica Q1 revenue increased 10% to $2.2 billion
PVH Q1 GAAP EBIT $205 million
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Canada opens its market for Ukrainian apples

Netherlands rolls out bird flu vaccination pilot programme
Hungary detects first case of foot and mouth disease in 50 years
South Africa secures market access for table grape exports to Philippines
Hong Kong and Philippines ban import of poultry meat from certain states in U.S.
Strong year for Aussie ag beefed up by livestock
 

LEADERSHIP

Study: Missing a deadline has a bigger impact than you might think

Employers prefer younger job candidates for AI roles although experienced workers perform same or better
Study finds workers misjudge wage markets
Some organizations may need to expand their hierarchical structures earlier than others
Study finds there's right way and wrong way to deliver negative feedback in workplace
Allyship is critical and its needs appreciation
 

CRIME

Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing

BHP, Vale agree to pay $30B damages for Brazil dam disaster
Commission fines České dráhy and Österreichische Bundesbahnen €48.7 million over collusion to exclude common compe
SEC charges Keurig with making inaccurate statements regarding recyclability of K-Cup beverage pod
SEC charges John Deere with FCPA violations for subsidiary’s role in Thai bribery scheme
AG Bonta secures $3.9 million settlement with cryptocurrency company Robinhood
 

Magazine

TRAVEL

Radisson Hotel Group debuts in the heart of Tunisia’s capital city, Tunis

Morocco’s first Radisson branded hotel opens in Casablanca
Buna channels, an unreal and beautiful part of Bosnia and Herzegovina
JW Marriott unveils Mindful Haven with opening of JW Marriott Hotel Nairobi
Sotheby's Sports Week returns with fantastic artifacts
Red Roof properties open in Michigan
 

SEA, LAND, AIR

Citroën C3 Aircross, the most affordable compact SUV with 7 seats

2025 Chevrolet Equinox stands apart with fresh looks and capability
Hill Helicopters HX50, luxury in the sky
Opel Movano becomes fully equipped camper van
Porsche Panamera, new hybrid variants
Dodge Charger, 670 horsepower of electric
 

DESIGN

Cold night, hot fire pit, cool entertainment

Embellish your home with PVC panels
You'll have to hurry if you want one of 20 new Louis Vuitton watches
Luxury duvet looks good, fells good and keeps you healthy
Vacheron Constantin, watches for life and more
Schüller kitchens, where functionality marries design
 

GADGETS

MESA/Boogie Celebrates 40-year partnership with John Petrucci

reMarkable 2, monochrome tablet for your thoughts and your eyes
OnePlus Ace 3V, first with Snapdragon 7 Plus Gen 3
ASUS Zenfone 11 Ultra, flagship with a reason
Samsung Galaxy S24 is photography powerhouse
Casette tapes are making a big comeback, and so are portable players
 

HEALTH

Human cases of anthrax reported in western Mongolia

One more barrier to developing vaccine for HIV removed
Rwanda begins world's first clinical trial for treatment of Marburg virus disease
Rwanda restricts gatherings amid Marburg virus outbreak, to begin trials of vaccine
Teksas Attorney General reaches settlement in first-of-its-kind healthcare generative AI investigation
Potentially deadly fungal disease spreading in California
 

MEANTIME

Russian academics, gas industry experts see undersea LNG transportation as feasible

India launches space docking experiment mission
World-first carbon-14 diamond battery made
Einstein Telescope step closer
Exoplanet-hunting telescope to begin search for another Earth in 2026
India to build first phase of its own space station by 2028