BRUSSELS LAUNCHES INVESTIGATION INTO PLANNED UK SUPPORT FOR EDF NUCLEAR PLANT
February 3rd, 2013 THE EUROPEAN Commission opened today (Wednesday) an investigation into the plans of the British government to subsidise the construction and operation of a new nuclear power plant by Electricité de France (EDF) at Hinkley Point C in Somerset. Brussels want to ensure that UK plans to establish a feed-in tariff giving stable revenues to EDF over 35 years despite the volatility of the electricity market is not illegal under European Union’s (EU) state aid rules.“We must look whether state aid is really needed and if so whether the level of state aid is ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.