Top EU Court Says Renewable Energy Aid Hurts Competition
Law360 (May 15, 2019, 4:50 PM EDT) -- The European Court of Justice found Wednesday that government money used to help electricity distributors offset the costs of choosing renewable sources gives renewable energy providers an edge in the market and could harm competition.
Three Lithuanian companies that run gas and heat power plants had challenged a state regime that saw energy distribution networks reimbursed for costs associated with choosing a renewable energy provider.
And Europe’s top court concluded that by paying these distributors, Lithuanian government funds ultimately wound up in the hands of the country’s renewable electricity producers, which renders the contribution state aid.
“Although the sums intended to...
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