Press Release: State aid: Commission authorises investment aid for Finnish pyrolysis oil production plant

On 9 April 2014, the European Commission found that Finnish plans to grant Fortum Power € 8.1 million investment aid for a pyrolysis oil production plant in Joensuu, Finland, were in line with EU State aid rules. Pyrolysis oil is a bio-liquid and can be used as a cleaner substitute for heavy fuel oil. The Commission concluded that the aid would further EU energy and environmental goals, such as reducing CO2 emissions, without unduly distorting competition in the Single Market.

ESO: Background information: State aid: Commission launches major initiative to modernise state aid control http://www.europeansources.info/record/press-release-state-aid-commission-launches-major-initiative-to-modernise-state-aid-control/

ESO: Background information: State aid: Commission consults on draft rules for state support in energy and environmental field http://www.europeansources.info/record/press-release-state-aid-commission-consults-on-draft-rules-for-state-support-in-energy-and-environmental-field/

European Commission: Competition: State Aid: Cases http://ec.europa.eu/competition/state_aid/register/

European Commission: DG Competition http://ec.europa.eu/competition/index_en.html

---