Cogeneration requires over 1 bln euros in annual spending

Cogeneration (the combined production of heat and power) requires more than RON 4.5 billion in annual spending (over one billion euros at a rate of RON 4.2 for 1 euro), whereas heating subsidies over the past five years totaled RON 7.8 billion (about 1.85 billion euros), Maria Manicuta, head of the of the National Energy Regulatory Authority (ANRE) told a conference on energy efficiency this Tuesday.'To get a full picture of the disaster, annual expenditures for heat and power ...

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