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Image header Agence Europe
Europe Daily Bulletin No. 11932
ECONOMY - FINANCE - BUSINESS / State aid

Green light to Greek measure in favour of renewable electricity

On Thursday 4 January, the European Commission approved a Greek regime to support the production of electricity from renewable sources and high-efficiency cogeneration.

This support will take the form of premiums awarded through an auction system. In 2018, separate auctions will be held to support wind and solar installations, with joint auctions to be set in place from the following year onwards for both technologies, to reinforce competition and bring down the costs of renewables for...

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