EU consents lower co-generation surcharges for several German, Italian companies

24/05/2017 08:45 Energy Market


EU state aid regulators consented on Tuesday lower surcharges to back co-generation for energy-intensive firms in Germany and Italy.

The Germany surcharge on power consumption collected by network operators is employed to sustain operators of new and modernized co-generation plants.

German authorities subsequently pursued European Commission consent to offer lower surcharges to energy-intensive firms.

Italy also requested for permission to reduce surcharges to energy-intensive companies, declaring the decrease would be limited to 85 percent of the surcharge.

The EU executive mentioned that both measures keep to the bloc's state aid rules designed to guarantee a level playing field.

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