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Image header Agence Europe
Europe Daily Bulletin No. 13740
Contents Publication in full By article 17 / 26
ECONOMY - FINANCE - BUSINESS / State aid

Green light for Estonian emergency power reserve scheme

On Tuesday 28 October, the European Commission approved an Estonian public aid scheme aimed at creating a strategic reserve of €750 million for the supply of electricity in emergency situations.

In place until 2035, this strategic reserve should support the production of electricity, which will be stored off the market and mobilised in emergencies, particularly when demand peaks and the production of electricity from renewable sources is low. Demand-side measures will also be in place,...

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