A PYMNTS Company

EU: Commission approves €5B Polish support for cogenerated electricity

 |  April 15, 2019

The European Commission has approved under EU State aid rules (1) a Polish scheme to support high-efficiency cogeneration and (2) reduced surcharges to finance the scheme for energy-intensive users. It also (3) opened an investigation into reduced surcharges to finance Poland’s capacity mechanism.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Commissioner Margrethe Vestager, in charge of competition policy, said, “The Polish support scheme approved today will provide an important contribution to EU environmental and climate goals without unduly distorting competition. We have also approved Polish plans to preserve the competitiveness of energy-intensive companies in Poland by reducing their contributions to the financing of the electricity cogeneration support. But we still need to assess if the reductions for certain users on the surcharge that finances the Polish capacity mechanism are in line with our State aid rules.”

    Full Content: Europa Press

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.