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Europe Daily Bulletin No. 11128

25 July 2014
Contents Publication in full By article 14 / 35
ECONOMY - FINANCE - BUSINESS / (ae) state aid
UK aid scheme for renewables gets go-ahead

Brussels, 24/07/2014 (Agence Europe) - On Thursday 24 July, the European Commission gave the go-ahead to a British aid scheme for generating electricity from renewable sources.

In June 2014 the UK notified plans to support renewable electricity production through market-based mechanisms. The scheme will run for 10 years starting in April 2015, with a budget of £15 billion (around €19 billion). Selected individual projects will be able to receive support for up to 15...

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