The €400 million, three-year scheme will guarantee price stability for developers while limiting costs to the Danish treasury and applies to on and offshore wind, wave power and hydro, as well as solar.
The bloc should accelerate investment into mining and processing within its shores, as well as ramping up recycling, according to European employers and trades unions, with coal workers already equipped with the necessary transferable skills.
New €450 million incentive regime needed to be approved under EU state aid rules.
The European Commission has established that two schemes that France has proposed comply with EU state aid rules.
The European Commission stated that reduction of cogeneration and renewable energy surchages for energy-intensive industries in the two countries complies with its 2014 Guidelines on state aid for environmental protection and energy.
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