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Europe Daily Bulletin No. 8778

4 September 2004
Contents Publication in full By article 20 / 33
GENERAL NEWS / (eu) eu/competition
Commission expected to give go-ahead for aid to British Energy on condition that aid for decommissioning nuclear power stations is ringfenced

Brussels, 03/09/2004 (Agence Europe) - At the beginning of October, the European Commission is expected to give the go-ahead to British Energy's plans to decommission a series of nuclear power stations. The restructuring plan was notified in 2002. It foresees aid of up to EUR 5 billion for the full decommissioning of eight nuclear plants in the UK by the year 2086. Restructuring aid over such a long period of time means adjustments to the sums involved in line with market prices have to be...

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