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Europe Daily Bulletin No. 11049

29 March 2014
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Aid for renewable energy and opening of an investigation

Brussels, 28/03/2014 (Agence Europe) - On Thursday 27 March, the European Commission decided that a French aid scheme for wind farms complies with EU state aid rules.

The scheme provides aid to cover the additional production costs for renewable energy. The Commission decided to open in-depth investigations to assess whether three types of reductions of renewable energy surcharges granted to large energy consumers in France (known as CSPE) are in line with EU state aid rules. To finance the...

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