Romania supplements state aid scheme for heat and power cogeneration
Romania supplements state aid scheme for heat and power cogeneration Romania-Insider.com
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Romania Extends State Aid Scheme for Cogeneration Power Plants
Romania has extended the state aid scheme for combined heat and power (CHP) cogeneration until July 31, 2028. The scheme, which was initially set to expire on June 30, 2024, has also received a budget increase from EUR 390 million to EUR 752 million. These modifications were approved by the European Commission.
Supporting Sustainable Development Goals
The extended state aid scheme aims to support the development of cogeneration units with a combined capacity of at least 200MW. This additional funding of EUR 362 million will contribute to the country’s efforts in achieving the Sustainable Development Goals (SDGs), particularly SDG 7: Affordable and Clean Energy.
Benefits of Cogeneration
Cogeneration, also known as combined heat and power, is an energy-efficient process that simultaneously produces electricity and useful heat from the same energy source. This technology helps reduce greenhouse gas emissions and enhances energy efficiency, aligning with SDG 13: Climate Action and SDG 9: Industry, Innovation, and Infrastructure.
Conclusion
By extending and increasing the state aid scheme for cogeneration power plants, Romania is taking significant steps towards achieving its sustainable development goals. This initiative will not only support the development of efficient energy systems but also contribute to the country’s efforts in combating climate change and promoting sustainable industrial growth.
iulian@romania-insider.com
(Photo source: Fotofjodor/Dreamstime.com)
SDGs, Targets, and Indicators
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 7: Affordable and Clean Energy
- SDG 9: Industry, Innovation, and Infrastructure
The article discusses Romania’s state aid scheme for combined heat and power (CHP) cogeneration, which is related to the production of energy. This aligns with SDG 7, which aims to ensure access to affordable, reliable, sustainable, and modern energy for all. Additionally, the development of cogeneration units and the increase in budget for the scheme are connected to SDG 9, which focuses on building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation.
2. What specific targets under those SDGs can be identified based on the article’s content?
- SDG 7.2: Increase the share of renewable energy in the global energy mix
- SDG 9.4: Upgrade infrastructure and retrofit industries to make them sustainable
The article mentions the development of cogeneration units, which can contribute to increasing the share of renewable energy in Romania’s energy mix. This aligns with target 7.2 under SDG 7. Additionally, the state aid scheme aims to support the development of more efficient cogeneration units, which can be seen as an effort to upgrade infrastructure and make it more sustainable, in line with target 9.4 under SDG 9.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
Yes, there are indicators mentioned in the article that can be used to measure progress towards the identified targets. These include:
- Capacity of cogeneration units: The article mentions that the supplementary funding is designed to support the development of cogeneration units with a combined capacity of at least 200MW. This can be used as an indicator to measure progress towards increasing the share of renewable energy in the energy mix (SDG 7.2).
- Investment in infrastructure: The article states that the budget for the state aid scheme has been doubled to EUR 752 million. This increased investment can be seen as an indicator of progress towards upgrading infrastructure and making it more sustainable (SDG 9.4).
4. Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 7: Affordable and Clean Energy | 7.2: Increase the share of renewable energy in the global energy mix | Capacity of cogeneration units (at least 200MW) |
| SDG 9: Industry, Innovation, and Infrastructure | 9.4: Upgrade infrastructure and retrofit industries to make them sustainable | Investment in infrastructure (EUR 752 million) |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: romania-insider.com
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