On Monday 6 October, the European Commission approved, under EU State aid rules, an Austrian scheme to safeguard the country’s security of electricity supply.
This scheme will support security of electricity supply for five years starting in October 2026. This is an extension and update of the existing network reserve which was approved in 2021 and will end in 2026 (see EUROPE B12750A15).
The new scheme includes monthly contracts and other updates designed to increase participation of...