In an effort to increase energy security in the Czech Republic, the European Union is investing more than €46 million from the European Regional Development Fund to modernise and extend the electricity substation of Kočín, southern Bohemia, Commission Vice-President for Energy Union Maroš Šefčovič said on 16 September, adding that this one of the most important node in the Czech transmission system.

According to the Commission, when completed in November 2023, the project will increase the co...