If carbon emissions had a market value reflecting how much they cost society, it might completely change the way people priced their businesses.
The European Commission has approved, under EU State aid rules, a measure to support the production of electricity from renewable energy sources and a measure to support electro-intensive users in Lithuania.
The authorisation notice has been published in the Official Journal.
Press releases will be added when available.
New rules for making the EU’s electricity market work better have been provisionally agreed by negotiators from the Council, the European Parliament and the European Commission.
The Presidency of the Council and representatives of the European Parliament today reached a provisional agreement on a directive and a regulation on electricity. The two files set out the future functioning of the EU’s electricity market and are cornerstones of the clean energy package. The agreement still has to be endorsed by the Council and the European Parliament.
The European Commission has approved, under EU State aid rules, reductions granted to energy-intensive companies on a surcharge to finance support for renewable electricity production and high-efficient cogeneration in Greece.
The European Commission has found that an integrated project jointly notified by France, Germany, Italy and the UK for research and innovation in microelectronics, a key enabling technology, is in line with EU State aid rules and contributes to a common European interest.
The four Member States will provide in the coming years up to €1.75 billion in funding for this project that aims to unlock an additional €6 billion in private investment. The project should be completed by 2024 (with differing timelines for each sub-project).