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Europe Daily Bulletin No. 8161

1 March 2002
Contents Publication in full By article 37 / 38
GENERAL NEWS / (eu) eu/state aid
Aid for Northern Ireland Electricity (NIE) is authorised

Brussels, 28/02/2002 (Agence Europe) - The European Commission has given the green light to aid decided upon by the British government for Northern Ireland Electricity (NIE) to cover stranded costs related to long-term power purchase agreements with four electricity generators. Following the liberalisation of the UK electricity sector at the beginning of the 90s, long-term fixed price power purchase agreements were signed by the NIE with the four electricity generators in Northern Ireland....

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THE DAY IN POLITICS
GENERAL NEWS