EU: Commission approves €200m in public support for renewable energy for self-suppliers in France
The European Commission has approved a measure to support electricity production from renewable sources for self-consumption in France until 2020. The measure will further the EU’s energy and climate objectives without unduly distorting competition in the Single Market.
Commissioner Margrethe Vestager said, “This scheme will stimulate competition between renewable energy sources for self-suppliers and will further increase the share of renewables in France’s energy mix. The technology-neutral tenders will contribute to France’s transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules.”
The measure is designed to encourage the production of renewable electricity by companies and individuals for their own use (self-consumption), specifically for instances where only a limited part of the electricity they produce is sold to the grid.
The Commission assessed the scheme under EU State aid rules, in particular the Commission’s 2014 Guidelines on State Aid for Environmental Protection and Energy. The Commission found that the French scheme will encourage the development of renewable energies for self-consumption and avoid overcompensation for the beneficiaries of the public support, in line with the requirements of the Guidelines.
On this basis, the Commission concluded that the measure will help France boost the share of electricity produced from renewable energy sources to meet its climate targets, in line with the environmental objectives of the EU, while any distortion of competition caused by the state support is minimized.
Full Content: European Commission
Featured News
DOJ and FTC Introduce Website for Reporting Anti-Competitive Healthcare Practices
Apr 18, 2024 by
CPI
US Congress Advances Legislation to Compel TikTok Sale
Apr 18, 2024 by
CPI
UK Financial Sector Advocates Enhanced Regulatory Accountability
Apr 18, 2024 by
CPI
Google and All 50 States Defend $700 Million Consumer Settlement
Apr 18, 2024 by
CPI
Colorado Enacts First Law to Protect Consumer Brainwave Data
Apr 18, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI