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EU Approves €3.1 Billion Aid for Spain's CHP Plants

1/28/2026

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Story summary
  • The European Commission approved a €3.1 billion aid scheme for Spain to boost electricity production from efficient combined heat and power plants.
  • The funding targets new or refurbished CHP plants using natural gas, bioliquids, biogas, and solid biomass.
  • Natural gas projects must include at least 10% renewable hydrogen.
  • The program runs for 10 years, providing financial support to qualifying CHP operators.