Press Release: State aid: Commission opens in-depth investigation into UK public support for Drax power plant

Author (Corporate)
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Series Details IP/16/2 (05.01.16)
Publication Date 05/01/2016
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The European Commission opened on the 5 January 2016 an in-depth investigation to assess whether the United Kingdom's plans to support the conversion of part of the Drax coal power plant to operate on biomass were in line with EU state aid rules.
Source Link http://europa.eu/rapid/press-release_IP-16-2_en.htm
Related Links
Drax Group plc: News, 05.01.16: Drax CfD Investment Contract http://hsprod.investis.com/ir/drx/rnsfeed.jsp?item=2316424039104512
BBC News, 05.01.16: Drax bid to convert plant from coal to biomass probed by EU http://www.bbc.co.uk/news/business-35232547
ESO: Background information: State aid: Commission authorises UK support to convert Lynemouth power station to biomass http://www.europeansources.info/record/press-release-state-aid-commission-authorises-uk-support-to-convert-lynemouth-power-station-to-biomass/
The Guardian, 05.01.16: Drax biomass conversion must comply with EU state aid rules http://www.theguardian.com/business/2016/jan/05/drax-biomass-conversion-must-comply-with-eu-state-aid-rules
EurActiv, 05.01.16: EU probes UK aid to convert huge coal power plant to biomass http://www.euractiv.com/sections/energy/eu-probes-uk-aid-convert-huge-coal-power-plant-biomass-320687
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