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Europe Daily Bulletin No. 12750

29 June 2021
Contents Publication in full By article 15 / 32
ECONOMY - FINANCE - BUSINESS / State aid
Green light for Austrian network reserve for ensuring security of electricity supply
Brussels, 28/06/2021 (Agence Europe)

On Monday 28 June, the European Commission approved Austrian plans to establish a network reserve for the Austrian electricity market.

The temporary measure will remain in force until the end of 2025 and will contribute to safeguarding secure network operation and sufficient electricity supply in Austria, without unduly distorting competition in the Single Market.

Under this aid scheme, the Austrian transmission system operator, Austrian Power Grid AG (APG), will pay operators of power...

Contents

BEACONS
SOCIAL AFFAIRS
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EU RESPONSE TO COVID-19
EXTERNAL ACTION
NEWS BRIEFS