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Commission approves Spanish support scheme for renewable electricity

By District Energy posted 11-14-2017 00:00

  

Bioenergy Insight

Summary

A Spanish scheme supporting combined heat and power (CHP) and renewable energy has been approved by the European Commission’s Competition Authority.

The European Commission has found the Spanish scheme supporting electricity generation from renewable energy sources, high efficiency cogeneration of heat and power and waste to be in line with EU State aid rules. The scheme will further EU energy and climate goals whilst preserving competition.

Commissioner Margrethe Vestager, in charge of competition policy, said: “I am pleased to see the latest Spanish renewables auctions have shown the positive effects of competition: companies are ready to invest in new installations with very low levels of State support.

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#News
#Spain
#EuropeanUnion
#NorthandCentralEurope
#CHP
#PolicyandRegulation
#RenewableEnergy
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