EPIA blasts EU approval of UK nuclear plant subsidies

Share

The European Commission said on Wednesday that the United Kingdom’s plans to subsidize the construction and operation of a new nuclear power plant at Hinkley Point in Somerset, England, was in line with EU state aid rules, paving the way for the controversial project.

During an in-depth investigation, the U.K. government agreed to significantly modify the terms of the project financing, the Commission said. As a result, it said the state aid would not distort competition in the EU’s single market. The modifications also reduce U.K. citizens’ financial contribution to the project, it added.

Among European solar industry representatives, however, the European Commission’s comments fell on deaf ears.

Reacting to the Commission’s announcement approving U.K. State Aid for the Hinkley Point C nuclear power plant, James Watson, CEO of the European Photovoltaic Industry Association (EPIA), said: "We are disappointed by the decision of the European Commission to approve Hinckley C. We understand that only 16 commissioners supported it, which is far from a ringing endorsement of the plan. This decision, which is at odds with the objective of enhanced competition in the energy sector, will undoubtedly generate further distortion in the energy sector and hamper the internal energy market.”

Watson added that solar was expected to cope with market rules that are not fit for them, as they have been designed to accommodate the characteristics of large, conventional power plants. "Instead of validating another subsidy to nuclear, European policymakers should be making all energy sources compete on a level playing field."

The Austrian government has threatened to take legal action against the planned nuclear plant, something Watson applauded.

"EPIA welcomes the intention of the Austrian government to take legal steps against the decision of the European Commission and looks forward to the decision of the European Court of Justice in the matter."

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.