€250 mln for sustainable energy investment

Economic affairs minister Joop Wijn on Tuesday announced how he will divide up €250m which he set aside for sustainable energy investments at the beginning of this year. Around €100m will be available for energy conservation projects, €80m for CO2 emissions storage and €60m will go to bio fuel research.

The cash is part of an agreement made in January in return for allowing the energy companies Essent and Delta to keep the Borssele nuclear power plant open to 2033. Both the government and the energy firms are to make €250m available for sustainable energy projects.

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