What will the Czech electricity storage scheme do in ?
In an announcement released on March 7, , the executive arm of the European Union said that the Czech scheme will support the installation of at least 1.5 GWh of new electricity storage facilities. The measure will be open to all storage technologies directly connected to the transmission network or distribution network.
How does the Czech TCTF work?
The Commission found that the Czech scheme is in line with the conditions set out in the TCTF. In particular, the aid will be (i) granted through a competitive bidding process open to all technologies; (ii) limited to 50% of eligible costs of a project; and (iii) granted no later than 31 December .
Which storage technologies will be supported by a storage grant?
The measure will be open to all storage technologies directly connected to the transmission network or distribution network. It will support only newly installed storage facilities. The aid shall take the form of direct grants.
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