On 12 May 2020, the European Commission has announced having approved the financial compensation envisaged by the government of the Netherlands in favour of the early closure of the Hemweg coal fired power plant . The compensation of EUR52.5 million has been deemed to be in line with the EU state aid rules , as the closure will contribute to reducing CO 2 emissions and there will not be undue distortion of competition in the EU single market, according to the Commission. The full non-confidential version of the Commission decision is not yet available, by the related press release (IP/20/863) gives some interesting elements of the reasoning of the Commission.
This blog is meant as a personal notebook on recent legal developments in the sector of sustainable energy.