EU puts end to subsidies for renewables?
- The ultimate aim of the market is to deliver secure and affordable energy for our citizens and business. Public intervention must support these objectives because when the sun is not shining and the wind is not blowing, electricity must still be produced - France Presse cited EU Energy Commissioner Guenther Oettinger as saying.
To ensure back-up generating capacity, new power plants would be needed, and these could get state backing.
State intervention is potentially harmful to the working of the market and the new guidelines are meant to prevent that and show member nations what "best practice" is.
The Commission said investment costs in renewables have come down and therefore government support can now be tapered off.
Most Important News
06.04.2024. | Agriculture
Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured
16.04.2024. | News
Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes
16.04.2024. | News
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses
10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture
17.04.2024. | Industry, Construction, Transport, Finance
Feka Automotive to build energy-efficient production facility – EBRD approves EUR 15 million
17.04.2024. | Industry, Construction, Transport, Finance
16.04.2024. | News
Economy Fair in Mostar opens – 26 companies from Serbia exhibiting
16.04.2024. | News
16.04.2024. | News
Polish chain Zabka to come to Serbia?
16.04.2024. | News