EU Looks To Market-Based Approach For Renewables

Law360, New York (May 8, 2014, 2:38 PM EDT) -- On April 9, 2014, the European Commission adopted new guidelines to define the conditions under which European Union member states may grant aid to activities that contribute to environmental protection. The new rules, which replace the 2008 guidelines, permit public support to renewables under strict conditions, but enable state intervention for energy-intensive industries and generation adequacy (i.e., capacity mechanisms)....

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