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Image header Agence Europe
Europe Daily Bulletin No. 12490
Contents Publication in full By article 13 / 34
ECONOMY - FINANCE - BUSINESS / State aid

Approval of a €550 million Danish aid scheme for electricity production from biomass installations

The European Commission approved, on Tuesday 19 May, a €550 million State Aid scheme to support the production of electricity in existing and depreciated biomass installations in Denmark.

The installations benefitting from the scheme will receive support in the form of a premium covering the additional operating costs of producing electricity from biomass compared to producing electricity from a coal plant.

The premium will be calculated on an annual basis and will be capped at...

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