EU Commission Approves €578 Million Aid Package for Romania

Brussels (Eurotoday) – EU Commission approved a €578 million Romanian scheme to reduce electricity levies for energy-intensive firms.

What is the role of green certificates in this scheme?Why did the eu commission approve this €578 million aid?

The European Commission has authorised a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive firms. The levy is planned to boost electricity from renewable energy sources. The scheme strives to mitigate the risk that, due to this levy, energy-intensive companies may relocate their moves to locations outside the EU with less driving climate approaches.

What is the role of green certificates in this scheme?

According to the EU Commission, in 2011 Romania raised green certificates for boosting electricity from renewable sources, under which qualified producers of electricity from renewable energy sources welcome green certificates for each megawatt hour made and supplied to the grid. Electricity suppliers are obliged to buy a mandatory quota of green certificates. The expenses of the green certificates are ultimately handed on to consumers through a levy.

The scheme is desired to lower the levy rate for energy-intensive firms, thus mitigating the risk that the businesses relocate their activities to areas outside the EU with less ambitious climate procedures. 

Why did the eu commission approve this €578 million aid?

According to the Commission, it evaluated the scheme under EU State aid regulations, in particular of the Treaty on the Functioning of the European Union (‘TFEU’), which allows Member States to fund the development of certain economic actions subject to certain conditions, as well as under the CEEAG, which permit Member States to grant aid in the form of declines from electricity levies for energy-intensive users.

As a result, the Commission figured that the scheme promotes the development of certain economic activities depending heavily on electricity and is particularly exposed to international competition. The action is necessary and appropriate to assist in fulfilling the European Green Deal objectives.

Moreover, the measure is proportional, as (i) the individual aid amounts do not surpass the maximum aid amount permitted under the CEEAG and (ii) it is determined to sectors listed in the CEEAG. The positive outcomes of the scheme outweigh any possible negative impacts on competition and trade in the EU. On these grounds, the EU Commission endorsed the Romanian scheme under EU State aid rules.


Comments

6 responses to “EU Commission Approves €578 Million Aid Package for Romania”

  1. barbera shift Avatar
    barbera shift

    Ah, nothing says “we care about our energy-intensive companies” quite like throwing €578 million at them while pretending to save the planet—because who wouldn’t want to do their part for the environment over a cheeky glass of wine in Bucharest?

  2. Ah, splendid! Just when you thought Romania was on the verge of becoming a model of fiscal responsibility, the EU swoops in with a €578 million bail-out, proving once again that if at first you don’t succeed, just throw money at it – it’s like a Euro version of a fairy tale, really, except the magic wand is an energy levy!

  3. Ah, yet another €578 million shower of cash from Brussels to Romania—because who wouldn’t want to reduce those pesky electricity bills while keeping energy-intensive companies from playing a game of musical chairs with the EU’s climate policies, eh?

  4. Moon Radar Avatar

    Ah, just what Romania needed—€578 million to help energy-intensive firms dodge their green guilt while the rest of us continue to foot the bill for this electric charade; I suppose the EU believes that if we throw enough money at it, renewable energy will magically start paying for itself—cheers to that!

  5. Bazooka Har-de-har Avatar
    Bazooka Har-de-har

    Ah, the EU Commission has decided to sprinkle a generous €578 million fairy dust over Romania to help energy-intensive firms dodge the electricity levy—because who needs a competitive edge when you can just throw money at the problem and keep the lights on, right?

  6. eight patrol Avatar
    eight patrol

    Well, if €578 million doesn’t scream “let’s help our buddies keep the lights on” while pretending to love the planet, I don’t know what does! Bravo, EU, for putting the ‘fun’ in funding our way to a greener tomorrow! 🌍💸

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

Russia Rejoins Gymnastics, Anthem and Flag Restored

Russia Rejoins Gymnastics, Anthem and Flag Restored

The International Gymnastics Federation’s Executive Committee has permitted Russian athletes to compete in international events with their national flag and anthem, as announced by the Russian Gymnastics Federation (FGR).
This decision affects all five disciplines under the FGR: artistic and rhythmic gymnastics, trampoline, sports acrobatics, and sports aerobics.
Oleg Belozerov, President o

Read More

Andalusia Defeat Signals Trouble for Spain’s Sánchez in 2027 Election

Andalusia Defeat Signals Trouble for Spain’s Sánchez in 2027 Election

The electoral outcome is disappointing for Moreno. Despite the PP maintaining dominance in Andalusia by winning all eight provinces, losing five seats and its parliamentary majority is a setback. “It’s an overwhelming victory, but it’s not enough,” stated José Manuel Trujillo, a political scientist from Seville’s Pablo de Olavide University. He largely blamed the loss on voters who had previously

Read More

Commander Filmed Killing Civilians in Sudan Allegedly Returns to Combat in 2026

Commander Filmed Killing Civilians in Sudan Allegedly Returns to Combat in 2026

Khartoum, Sudan – May 18, 2026 – Eurotoday — The Sudan conflict investigation has gained renewed international attention after multiple sources claimed that a military commander previously filmed killing civilians has reportedly returned to active combat operations. The allegations have reignited global concerns surrounding accountability, human rights violations, and the worsening humanitarian cr

Read More

Russia Claims Satanism in Eurovision

Russia Claims Satanism in Eurovision

In what seems like a throwback to the era of witch trials, Russian Foreign Minister Sergei Lavrov has criticized Eurovision, labeling it as “Satanism” after Bulgaria’s triumph at the 2026 Vienna Song Contest with Dara’s “Bangaranga.” Lavrov claimed the contest’s selection criteria align with “Satanism.”
Russia emphasizes the “spirit of traditional values.”
“This is why we feel comfortable

Read More

Germany’s Merkel Criticizes EU for Not Talking to Russia

Germany’s Merkel Criticizes EU for Not Talking to Russia

There is increasing pressure on Europe to designate a special envoy for peace talks between Russia and Ukraine. Both Moscow and Kyiv have indicated a willingness for such mediation, amidst Trump’s team’s focus on the U.S.-Israeli conflict with Iran.
Merkel, Germany’s chancellor from 2005 to 2021, mentioned her proposal for a diplomatic framework between the EU and Russia at her last E

Read More

FIFA Media Rights Dispute Heats Up as India Awaits 2026 World Cup Deal

FIFA Media Rights Dispute Heats Up as India Awaits 2026 World Cup Deal

NEW DELHI, India – May 18, 2026 – Eurotoday — FIFA media rights negotiations have become a major topic inside the global sports broadcasting industry after reports indicated that FIFA officials recently visited India while no official World Cup television or streaming agreement has yet been finalized. The development has triggered growing speculation across media companies, digital platforms, adve

Read More

Kyiv and Budapest Begin Discussions on the Rights of Hungarian Minorities in Ukraine

Kyiv and Budapest Begin Discussions on the Rights of Hungarian Minorities in Ukraine

The initiation of expert-level talks on the issue, following the first publicly recognized direct discussions between the foreign ministers of Ukraine and Hungary over the weekend, suggests that Budapest might now be willing to negotiate an agreement.
Ukrainian Foreign Minister Andrii Sybiha told POLITICO last week that Kyiv is still optimistic about its EU membership and aims to sign a “membershi

Read More

Campaigners Threaten Legal Action Over UK NHS Deal with Donald Trump

Campaigners Threaten Legal Action Over UK NHS Deal with Donald Trump

Campaigners argue that such a significant change to NICE’s operations should have required primary legislation instead of secondary legislation with limited scrutiny.
Some MPs have tried to oppose these legislative changes.
Former Shadow Chancellor John McDonnell led a cross-party effort by writing to former Health Secretary Wes Streeting, urging the publication of the government’s imp

Read More

The Importance of EU Institutional Accountability

The Importance of EU Institutional Accountability

When the European Commission withholds documents, when the Council negotiates behind closed doors, or when an EU agency exercises power with limited public scrutiny, EU institutional accountability becomes a practical question about who can challenge decisions, who sees the evidence, and who pays the price when oversight is weak.
For those who follow Brussels closely, this is not a niche procedur

Read More

Spain’s Conservatives Lose Majority in Andalusia, Increasing Likelihood of Far-Right Deal

Spain’s Conservatives Lose Majority in Andalusia, Increasing Likelihood of Far-Right Deal

The Popular Party (PP) is currently the opposition at the national level in Spain, polling ahead of Prime Minister Pedro Sánchez’s Socialist Party for the upcoming national election next year.
In the Andalusian campaign, the PP was leading significantly in polls. The main focus before the election was whether Moreno could secure his second consecutive majority in Spain’s most populous

Read More