Press Release: State aid: Commission approves reductions of nuclear levy for electrointensive users in Slovakia

The European Commission has found Slovakia’s plan to grant reductions on a nuclear levy to certain electro-intensive users to be in line with EU State aid rules.

The European Commission has found Slovakia’s plan to grant reductions on a nuclear levy to certain electro-intensive users to be in line with EU State aid rules. In 2006, Slovakia set up the National Nuclear Fund to finance the costs of decommissioning obsolete nuclear power plants, financed via a levy, which is paid by final electricityconsumers. As of 2019, Slovakia intends to grant reductions on the nuclear levy to certain electro-intensive industrial users exposed to international trade, such as companies active in the production of refined petroleum products, basic iron, steel, ferro-alloys and aluminium. The reductions will vary depending on the companies’ electro-intensity and will confer an advantage to these companies, as they will lower their financial burden compared to other companies that will not benefitfrom them. Slovakia notified this measure to the Commission for review under EU State aid rules. The Commission assessed the measure under the Treaty on the Functioning of the European Union, and found that the reductions are limited to companies that are active in electro-intensive sectors exposed to international trade and are proportionate. On this basis, the Commission concluded that the measure is in line with State aid rules, because it will contribute to the competitiveness of these companies without unduly distorting competition in the Single Market. The full press release is available online in ENFRDESK(For more information: Ricardo Cardoso – Tel.: +32 229 80100; Giulia Astuti – Tel.: +32 229 55344)

View the full press release

Source: European Commission

 

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