The European Commission has approved under EU state aid rules a support scheme for installations producing renewable energy built in the Czech Republic between 2006 and 2012.
The commission said the measure would “further EU energy and climate goals without unduly distorting competition”.
It found that the support – feed-in tariffs and premiums on top of the market price – is in line with its state aid guidelines.
A review mechanism also ensures that installations are not overcompensated and aid is limited to the minimum necessary to achieve the scheme’s objectives, the commission said.
In order to remedy any past discrimination against renewables from outside the country stemming from the financing of the support scheme, the Czech Republic has committed to investing around €20m in interconnection projects.
Image: sxc
