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Global Trade Alert

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Romania: EUR 103 million scheme to support investments in electricity storage facilities

Description

On 21 March 2023, the European Commission approved a financial grant scheme of EUR 103 million (approx. USD 110.9 million). The financial grant scheme will support investments in battery-based electri...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Mar 2023

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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