Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/14/1157 (15.10.14) |
Publication Date | 15/10/2014 |
Content Type | News |
The European Commission found on the 15 October 2014 that the Romanian green certificate reduction scheme, reducing the contributions of certain energy-intensive users to the financing of renewable energy, was in line with EU state aid rules, and in particular with the Commission's new Energy and Environmental Aid Guidelines. The European Commission concluded that the partial compensation for the cost of financing renewable energy support was necessary to ensure the competitiveness of energy-intensive industries without unduly distorting competition in the Single Market. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-14-1157_en.htm |
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Subject Categories | Internal Markets |
Countries / Regions | Romania |