EU approves €1.1 billion State Aid for ESS in Hungary.. The European Commission has approved a €1.1 billion (US$1.2 billion) scheme from the government of Hungary to support large-scale energy storage projects.
The projects will help Hungary transition to a net-zero energy system, and the scheme was approved under the EU’s Temporary Crisis and Transition Framework, adopted in March to support sectors key to accelerating the transition and reducing fossil fuel dependency...6/21/23/.gffa