Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/10/470 (27.4.10) |
Publication Date | 27/04/2010 |
Content Type | News |
The European Commission authorised on 27 April 2010, under EU State aid rules, an aid scheme to compensate power generators for certain costs resulting from the termination of long term power purchase agreements (PPAs) in Hungary. The Commission concluded that the compensation will not exceed what is necessary to recoup the shortfall in investment costs repayment over the assets' lifetime, including a reasonable profit margin. |
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Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/470&format=HTML&aged=0&language=EN&guiLanguage=en |
Subject Categories | Internal Markets |
Countries / Regions | Europe, Hungary |
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