Citing EU state aid rules, the European Commission (EC) has endorsed German plans to reduce renewable energy surcharges for electricity users producing their own electricity using highly efficient cogeneration plants, the EC announced on August 1.
The Commission’s decision on August 1, follows an agreement in principle reached on March 7, between the EU Commission’s competition chief, Margrethe Vestager, and Germany’s Economic Affairs and Energy Minister, Peter Altmaier.
According to the Commission, the German Renewable Energy Act (Erneuerbare Energien Gesetz – EEG) provides support for the production of renewable electricity. This support is financed through a surcharge, the EEG-surcharge, imposed since August 2014 on all electricity users, including users producing their own electricity (self-suppliers).
Full Content: European Commission
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
DirecTV Urges Second Circuit to Revive Antitrust Lawsuit Against Nexstar
Dec 9, 2024 by
CPI
Omnicom and Interpublic Unite in $13.25B Deal: Big Tech Competition Heats Up
Dec 9, 2024 by
CPI
Federal Ruling Highlights DOJ’s Push Against Algorithmic Collusion in Antitrust Cases
Dec 9, 2024 by
CPI
Judge’s Decision on Kroger-Albertsons Merger Expected Soon
Dec 9, 2024 by
CPI
Supreme Court Urged to Resolve Legal Standoff Over Amazon and Flipkart Investigation
Dec 9, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Moats & Entrenchment
Nov 29, 2024 by
CPI
Assessing the Potential for Antitrust Moats and Trenches in the Generative AI Industry
Nov 29, 2024 by
Allison Holt, Sushrut Jain & Ashley Zhou
How SEP Hold-up Can Lead to Entrenchment
Nov 29, 2024 by
Jay Jurata, Elena Kamenir & Christie Boyden
The Role of Moats in Unlocking Economic Growth
Nov 29, 2024 by
CPI
Overcoming Moats and Entrenchment: Disruptive Innovation in Generative AI May Be More Successful than Regulation
Nov 29, 2024 by
Simon Chisholm & Charlie Whitehead