Categories: Business

Structural change: Replacement of old heating systems: Significantly more funding applications

The Federal Office for Economic Affairs and Export Control (Bafa) has received significantly more applications for funding for the replacement of old heating systems. The agency said about 47,500 applications were filed in the first quarter.

This corresponds to an increase of 164 percent compared to the same quarter of the previous year. The programme promotes the replacement of old heating systems in favour of climate-friendly alternatives. It has been significantly expanded in the course of the Federal Government’s climate protection programme.

A substantial part of the applications of the funding programme will be processed at the new Bafa branch in Weißwasser in Upper Lusatia (Saxony). It was officially opened on Monday. The field office with a target size of more than 100 employees has already started its work.

At a video conference with a view to the new Bafa branch in Upper Lusatia, Federal Minister of Economics Peter Altmaier (CDU) spoke of an important signal for the region. The federal government is keeping its word on its promise to create thousands of new jobs in the coal regions by setting up new authorities. Saxony’s Prime Minister Michael Kretschmer (CDU) said the establishment of the new branch office was a great success for the city and Lusatia. The federal agency creates many new jobs and thus permanently strengthens purchasing power throughout the region.

The new branch office will also be responsible for the planned adjustment allowance for employees of the lignite mining districts in the course of the planned coal phase-out. Germany is to phase out climate-damaging coal-fired power generation by 2038 at the latest.

Altmaier made it clear that two key laws on the phase-out of coal should be passed by the Bundestag by the summer recess. This concerns a law on structural aid for the coal regions and a law with a precise timetable for the phase-out of coal.

Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

DeZero Launches the World’s First AI ‘Second Brain’ for Crypto Traders

Abu Dhabi, UAE, 3rd March 2026, ZEX PR WIRE, DeZero has just announced its public…

1 hour ago

AlloX Launches AI-Powered Investment Platform with $25,000 USDT Prize Pool for Early Participants

British Virgin Islands, 27th February 2026, ZEX PR WIRE, AlloX is an AI-powered capital allocation…

4 days ago

SPL VPN Leverages AI to Eliminate Manual Server Selection; Surpasses 2 Million Downloads in Connectivity Pivot

SINGAPORE, 27th February 2026, ZEX PR WIRE, SPL VPN, a leading provider of digital privacy…

4 days ago

<div>Top 5 Crypto Exchanges to Trade BTC & ETH Options</div>

Crypto options have become one of the more structured ways to trade Bitcoin and Ethereum…

4 days ago

Digital Reserve Joins Hong Kong Web3 Festival 2026 as Secondary Exhibition Sponsor

Hong Kong, 26th February 2026, Another week, another exciting addition to the Hong Kong Web3…

5 days ago

Alchemy Pay Joins Hong Kong Web3 Festival 2026 as Gold Sponsor

Hong Kong, 26th February 2026, There's a certain energy that builds in the months leading…

5 days ago