On Friday 30 September, the European Commission approved a temporary German aid package of €450 million to allow five lignite-fired power plants to be on standby and ready to be activated in case of a natural gas shortage.
This measure will compensate power plant operators for the costs of preparing the plants in case of need. The measure, under which aid can be provided until 31 March 2024 at the latest, will help preserve the availability of natural gas in the context of a shortage of...