State aid: Commission approves support for Delimara Gas and Power Energy Project in Malta

Author (Corporate)
Series Title
Series Details IP/17/43 (11.01.17)
Publication Date 11/01/2017
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On the 11 January 2017, the European Commission approved under EU state aid rules Maltese plans to pay Electrogas Malta, operator of the Delimara plant, for providing energy to Maltese electricity company Enemalta. The measure compensated Electrogas for the additional cost of fulfilling public service obligations.

The project aimed to decrease electricity prices, reduce environmental damage from energy production, and increase security of supply by diversifying the energy mix. The project will partly replace the existing electricity generation infrastructure in Malta.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-17-43_en.htm
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