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Europe Daily Bulletin No. 13319

22 December 2023
Contents Publication in full By article 15 / 43
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves a French aid measure worth €1.3 billion to support low-carbon flexibility technologies
Brussels, 21/12/2023 (Agence Europe)

On Thursday 21 December, the European Commission authorised a French aid measure worth €1.3 billion to support the development of flexibility technologies that do not rely on fossil fuels, with the aim of ensuring a match between electricity supply and demand at times of peak demand.

The scheme will be open to operators of demand response and storage units. Beneficiaries will be selected through a competitive procedure.

Operators will be remunerated on condition that they agree to...

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