Tag: state aid

EC Oltenia used state aid to purchase CO2 emission certificates – Romania, 20 April 2021

During April, Romanian coal-based electricity producer Energy Complex (EC) Oltenia purchased a total of 2.4 million CO2 emission certificates at prices ranging from 43.5 to 44.5 euros per certificate. The company has spent almost 100 million euros of state aid it recently received from the Govern Full article available for subscribers of Energy NEWS service […]

Greenpeace warns about illegal state aid to EC Oltenia – Romania, 12 April 2021

Greenpeace Romania announced that the Government has extended a 240 million euros loan to troubled coal-based electricity producer Energy Complex (EC) Oltenia before receiving the final opinion from the European Commission on its plans to support the company. The organization reminded that the En Full article available for subscribers of Energy NEWS service (PDF publications, […]

Government to provide funds for emission certificates for EC Oltenia – Romania, 19 March 2021

President of the Romanian Competition council Bogdan Chiritoiu said that the Government will help coal-fired electricity producer Energy Complex (EC) Oltenia to get funds for the purchase of emission certificates by the end of April, before the European Commission completes its investigation into th Full article available for subscribers of Energy NEWS service (PDF publications, […]