Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/10/1708 (14.12.10) |
Publication Date | 2010 |
Content Type | News |
The European Commission has authorised under EU state aid rules a support of SEK222 million (approximately €24 million) that Sweden intends to grant to the Gothenburg Biofuels Gasification (GoBiGas) research and development (R&D) project. Göteborg Energi AB, a Swedish energy company, will manage the project, which will be carried out by its subsidiary, GoBiGas AB. The objective of the project is to develop a pre-commercial demonstration plant for the gasification of forest residue. The Commission has concluded that the project is compatible with the EU Framework for State aid for research, development and innovation (R&D&I). In particular, the aid aims at tackling a market failure and generates positive effects for the EU, notably increased research activities, environmental protection and security of energy supply. |
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Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/1708&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Energy, Internal Markets |
Countries / Regions | Sweden |