The European Commission has approved a €3.7 billion Czech scheme to support the construction of sustainable biomethane production stations in line with the objectives of the Clean Industrial Deal. Czechia notified to the Commission a €3.7 billion scheme to support the production of sustainable biomethane, to be used in transport, heating and industry. The scheme will run until 31 December 2030. The scheme will support new capacity in both newly-built biomethane stations and existing biogas stations that are converted into biomethane stations. The scheme will be open to biomethane producers holding a gas production licence in the Czechia. The measure is expected to benefit mostly small and medium-sized farms. The aid will take the form of a direct price support scheme, with a two-way contract for difference that provides a bonus for each MWh of biomethane produced for a duration of 15 years, based on a so-called strike price. If market prices of natural gas are lower than the strike price, the State will pay the producers. If they are higher, the companies will pay back the difference. The beneficiaries will be selected through a competitive tendering procedure. The scheme is expected to support installations with a total output of 350 million standard cubic meters of sustainable biomethane, which contributes to the objectives of the Clean Industrial Deal.
Read Full Article




Our market portals and InSights are only for logged-in users with the relevant access. This can be you too…
Your Current Membership Does not Include this Content
This content is outside of your current package. If you need this too, let’s talk…
Send this problem to our Clients team, and we will get back to you shortly with a plan of attack.
Speak and exchange notes with our specific-market expert, use your complimentary hours.
Arrange with Client TeamTell us who you are, and what you're after. We'll find you the right person with the answer - before you wake up twice.
Tell us who you are, and what you're after. We'll find you the right person with the answer - before you wake up twice.
Your name and email in exchange for staying up to date across the world's environmental markets... what a deal?!
Your Current Membership Does not Include this Content
This content is outside of your current package.
If you need this too, let's talk…
Phasellus tempor tincidunt sem, sed dictum ipsum mollis vitae. Maecenas eu diam convallis, pellentesque lacus et, mollis enim.
| ID # | Custom Name | Created On | ||
|---|---|---|---|---|
Phasellus tempor tincidunt sem, sed dictum ipsum mollis vitae. Maecenas eu diam convallis, pellentesque lacus et, mollis enim.
| # ID | Custom Name | Created On | ||
|---|---|---|---|---|