15.11.2019

EIB energy lending policy: EUTurbines welcomes the EIB’s support for renewable gases

EUTurbines appreciates the efforts of the EIB to make an ambitious proposal, while still trying to accommodate some of the system needs in the transitional period. Over the next decade gas and the entire gas infrastructure – including power generation – will be an important contributor to accelerate the transformation of the energy system. It will allow a fast phasing out of coal plants and ensure reliability in a power system dominated by variable renewables.

Download the press release here