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Image header Agence Europe
Europe Daily Bulletin No. 11461
Contents Publication in full By article 10 / 19
ECONOMY - BUSINESS / (ae) state aid

Investigation into British aid to Drax power station

Brussels, 05/01/2016 (Agence Europe) - On Wednesday 5 January, the European Commission announced that it had opened an in-depth investigation into British plans to support the conversion to biomass of part of the coal-fired Drax power station.

In a press release, the Commission stresses that it fully supports the efforts made by the states of the EU to increase the use of renewable energies, but adds that EU rules on State aid are designed to ensure that the cost of aid is limited for...