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Image header Agence Europe
Europe Daily Bulletin No. 13541
Contents Publication in full By article 17 / 27
ECONOMY - FINANCE - BUSINESS / State aid

Green light for Estonian aid for electricity production in offshore wind farms

On Monday 9 December, the European Commission approved a €2.6 billion Estonian aid scheme for the construction and operation of offshore wind farms to generate electricity in specific areas of Estonia’s maritime space.

According to the EU institution, this scheme meets the requirements of the Temporary Crisis Framework in terms of State aid insofar as the aid will be granted, before the end of 2025, as part of a competitive tendering procedure.

The aid will take the form of a variable...

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