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    Home > Chemicals Industry > International Chemical > France received €200 million in European Union assistance for renewable energy construction

    France received €200 million in European Union assistance for renewable energy construction

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    The EU's competition regulator on Monday approved a state aid worth 200 million euros to support France in developing renewable energy generation
    for self-consumption by 2020.

    The European Commission said the French government's support plan would help add 490 megawatts of new capacity and could be used for smaller installations
    .
    It said the selected units would be charged
    a premium at the market price over 10 years.

    Margrethe Vestager, an official with the EU's competition regulator, said: "The plan will stimulate competition among renewable energy suppliers and will further increase the share of
    renewables in France's energy mix.
    " ”

    The EU's competition regulator on Monday approved a state aid worth 200 million euros to support France in developing renewable energy generation
    for self-consumption by 2020.

    renewable energy

    The European Commission said the French government's support plan would help add 490 megawatts of new capacity and could be used for smaller installations
    .
    It said the selected units would be charged
    a premium at the market price over 10 years.

    Margrethe Vestager, an official with the EU's competition regulator, said: "The plan will stimulate competition among renewable energy suppliers and will further increase the share of
    renewables in France's energy mix.
    " ”

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