EC funds Matra lignite generation decarbonization project in Hungary

摘要

The European Commission has announced funding for the gradual phase-out of lignite generation at the Matra power plant in Hungary as part of its LIFE Environment and Climate Action program. The project is one of several announced Feb. 17, to be backed by total investment of Eur121 million ($145.59 million) for new integrated projects under the program. “Gradual phasing-out of lignite (brown coal) plays a key role in Hungary’s National Energy and Climate Plan,” the EC said.