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Nicolae Ciucă: Financing of 1 bln euro for energy efficiency and green energy production

19 July 2022
Electricity
energynomics

Romanian Government will adopt an emergency ordinance that provides 1 billion euros in funding for energy efficiency and green energy production, Prime Minister Nicolae Ciuca announced on Friday.

“We will adopt an emergency ordinance which is drafted at the level of the Ministry of European Investments and Projects and which provides funding of one billion euro, 500 million being allocated to local authorities for energy efficiency and green energy production, for own consumption. In this way, local authorities will be able to invest this money in thermal efficiency, lighting and heating. We are talking about measures that will be intended for schools, hospitals, for public lighting, for housing,” said the prime minister, at the beginning of the Government meeting, according to Agerpres.

He added that another 500 million euro will be allocated to SMEs.

“The money can be used for energy efficiency of production halls and, of course, the production of green energy for own consumption,” he said.

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