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Europe Daily Bulletin No. 11701

12 January 2017
ECONOMY - FINANCE - BUSINESS / state aid
Green light to Maltese project in favour of energy production
Brussels, 11/01/2017 (Agence Europe)

On Wednesday 11 January, the European Commission approved the Maltese plan to compensate Electrogas Malta, which operates the Delimara power plant, for providing energy to the Maltese public electricity company Enemalta.

The Maltese project aims to support the development of a storage unit for liquid natural gas and a new combined cycle gas-fired power plant. The storage unit will supply gas to the new power plant and to the existing plant. The project aims to reduce electricity prices,...

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