The European Commission has, to the outrage of many, given a historic green light to an unprecedented ÂŁ34 billion (âŹ43 billion) state aid package for nuclear power in the UK, the first case of its kind in Europe. Energy Postâs Brussels correspondent Sonja van Renssen discusses the case .- and the many questions that it raises about the EUâs energy policy and the internal market. … [Read more...]
Brussels concludes UK measures for Hinkley Point nuclear power plant are compatible with EU rules
The European Commission has found revised UK plans to subsidise the construction and operation of a new nuclear power plant at Hinkley Point in Somerset to be in line with EU state aid rules. According to the Commission, âduring the in-depth investigation (see IP/13/1277), the UK has agreed to significantly modify the terms of the project financing. As a result, the state aid provided will remain proportionate to the objective pursued, avoiding … [Read more...]
âEverything depends on how much more Europeans are ready to pay for alternative sources of gasâ
When he passed through Brussels recently, Russian researcher Andrei Belyi gave Energy Post his analysis of the crisis between Moscow and Brussels. For him, itâs a lose-lose situation, because he doubts the European sanctions will make Russia change tack on Ukraine, even if they are costing Moscow influence at international level, especially in negotiations with China. At the same time he questions whether European are prepared to pay for … [Read more...]
NGOâs call for reform of Energy Community, Energy Community calls for reform by its members
A group of leading NGOs active in the Balkan region are calling for urgent reform of the Energy Community Treaty, as its Ministerial Council prepares to meet in Kiev on September 23rd . The groups are calling for both the expansion of the environmental and climate component of the Treaty and measures to ensure that existing obligations are better enforced. âEnergy Community Treaty reform is a once in a decade opportunity to garner support for … [Read more...]
Why not follow the Swiss Energiewende?
While Germany rushes ahead with its nuclear phase-out and France dithers, Switzerland is following a third way away from nuclear and towards renewables. The Swiss version of the Atomausstieg/Energiewende is slow but steady, with concern for economic as well as environmental consequences. Bernâs policy offers important lessons to Paris, Berlin and others â all the more so because Switzerland is one of the most nuclear-dependent countries in the … [Read more...]
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