EU releases CCS and wind project recovery funds

The European Commission has approved the allocation of over €1.5bn to a series of carbon capture and storage (CCS) and offshore wind projects, as part of a €3.9bn European economic recovery package for the energy sector.

Six CCS projects in Germany, Italy, Poland, Spain, the UK and the Netherlands will receive grants totalling €1bn. The commission says the funding "recognises the continued importance of fossil fuelled power" in the EU.

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