Press Release: State aid: Commission approves compensation to electricity producers for stranded costs incurred after liberalisation of the market in Hungary

Author (Corporate)
Series Title
Series Details IP/10/470 (27.4.10)
Publication Date 27/04/2010
Content Type

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.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/470&format=HTML&aged=0&language=EN&guiLanguage=en
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