BRUSSELS REVIEWS ALL ELECTRICITY CAPACITY SUBSIDIES, AND BRITAIN MAY HAVE TO REVISE ITS SYSTEM
May 26th, 2015
The European Commission has launched a review of whether subsidies promoting electricity generating and distributing capacity breaks European Union (EU) state aid rules. These are designed to make sure member states do not give their industries an unfair advantage in the EU’s single market. And while for the moment, it would appear the UK system is not under significant threat, the conclusions of the resulting report and subsequent detailed EU-wide state aid guidance may still force reform in Britain. The focus of the review are capacity mechanism subsidies ...
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.