Author (Person) | Neslen, Arthur |
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Series Title | EurActiv |
Series Details | 23.09.14 |
Publication Date | 23/09/2014 |
Content Type | News |
British plans for a nuclear renaissance centred on a nuclear reactor in Somerset achieved a breakthrough after a nine-month European Union state aid investigation ended with a call for Brussels to approve the project. The EU’s competition commissioner, Joaquín Almunia, had expressed scepticism that the Hinkley Point C scheme could satisfy the EU’s state aid criteria after the UK government agreed to underwrite the project with a loan guarantee and a commitment on the price of the electricity generated by the power station. Green groups condemned the commissioner's U-turn on the subject and the Austrian chancellor announced that the country would take the European Commission to the European Court of Justice (ECJ) if the executive approved Britain's plans. |
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Source Link | Link to Main Source http://www.euractiv.com/sections/climate-environment/hinkley-nuclear-reactor-project-gains-eu-approval-leak-reveals-308645 |
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Subject Categories | Energy, Internal Markets |
Countries / Regions | Europe, United Kingdom |