11 Jan 2013

Hungarian EGS Demonstration project awarded NER300 funding

The European Commission published a draft decision awarding NER300 funds to the Geothermal South Hungarian Enhanced Geothermal System (EGS) Demonstration Project. The Hungarian project is one of the 23 innovative renewable energy technology projects funded according to the outcome of the first call for proposals under the NER300 programme. The funds were raised from the sale of 200 million allowances from the new entrants’ reserve (NER) of the EU Emissions...

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