ELECTRABEL
April 1st, 2002
KEITH NUTHALLBELGIAN power utilities Electrabel and SPE will continue to receive subsidies from their national government allowing them to promote the development of renewables, even though the country's electricity system has been liberalised.The European Commission has ruled that the companies had an ongoing commitment to boost green electricity that stemmed from the time when Belgium had a controlled electricity market and has therefore branded it as a "stranded cost."That means that the power operators will be able to receive state aid for these programmes, ...
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