Utilities

EU Commission permits German aid to coal plants reopening

The nation has received permission to earmark a huge sum to reopen five essentially decommissioned coal-fired power plants.
EU anti-trust chief Margrethe Vestager deems that subsidizing reopening costs for five Germany coal plant doesn’t breach the union’s competition rules. | Photo: Jennifer Jacquemart / European Union/European Commission
EU anti-trust chief Margrethe Vestager deems that subsidizing reopening costs for five Germany coal plant doesn’t breach the union’s competition rules. | Photo: Jennifer Jacquemart / European Union/European Commission
BY LOUISE WENDT JENSEN, TRANSLATED BY DANIEL FRANK CHRISTENSEN

There’s no conflict with EU anti-trust rules that Germany opts to reserve EUR 450m to get five offline coal plants back up, the EU Commission informs in a press statement.

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