Romanian government steps in to cover utility Oltenia’s carbon market compliance

Published 10:35 on March 31, 2021  /  Last updated at 12:30 on September 1, 2021  /  EMEA, EU ETS  /  No Comments

The Romanian government has granted CE Oltenia €241.4 million to help cover its 2020 EU ETS obligations, according to an emergency ordinance adopted as the utility’s restructuring is still under EU investigation.

The Romanian government has granted CE Oltenia €241.4 million to help cover its 2020 EU ETS obligations, according to an emergency ordinance adopted as the utility’s restructuring is still under EU investigation.

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