Regulation & Policy

For ease of reference, S.and D. correspond to the Sections and Dossiers of the Quarterly

Shareholders reject €9 billion Chinese bid for EDP

S.2.3. Regional Initiatives

D.2.3. Regional Initiatives

Thursday, April 25, 2019
Shareholders in Energias de Portugal (EDP), the largest company in Portugal, blocked a €9 billion takeover bid this week by state-owned China Three Gorges (CTG) Corporation. CTG is already the biggest EDP shareholder with a 23.27% share. CTG claimed that, whatever the outcome of the ...

EC approves €385 million support to Lithuanian renewables

S.11. State Aid

D.2.3. Regional Initiatives

Tuesday, April 23, 2019
The EC approved, as compatible with EU State Aid rules, a €385 million support scheme for electricity production from renewable sources in Lithuania. In May, the country will introduce a scheme supporting renewable energy installations to help Lithuania reach its 38% renewable target by 2025. ...

EC approves Irish scheme for renewable heat generation

S.11. State Aid

D.2.3. Regional Initiatives

Tuesday, April 16, 2019
The EC approved under EU State aid rules an Irish scheme to support the generation of heat from biomass and anaerobic digestion. The scheme is open to a wide range of heat users, namely commercial, industrial, agricultural, district heating as well as other non-domestic heat ...

EIB provides €86 million to Aena to improve airport energy efficiency

S.8. Energy Efficiency

D.2.3. Regional Initiatives

Tuesday, April 16, 2019
Under a contract made possible by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe, the EIB will provide Aena with an €86 million loan to improve the sustainability of Spanish airports. The investment will facilitate the creation ...

EC approves €54 million support for Polish waste-to-energy highly efficient cogeneration plant

S.11. State Aid

D.2.3. Regional Initiatives

Tuesday, April 16, 2019
The EC approved as compliant with EU State aid rules Polish plans to support the construction of a highly efficient waste-to-energy cogeneration plant in Olsztyn, to the benefit of municipal company, Miejskie Przedsiębiorstwo Energetyki Cieplnej Sp. z o.o. (MPEC). A public-private partnership between MPEC and ...

EC approves €5 billion Polish energy scheme

S.11. State Aid

D.2.3. Regional Initiatives

Monday, April 15, 2019
The EC approved a €5 billion Polish support scheme for the co-generation of electricity with surcharge reductions for large energy users financed through a surcharge levied on final electricity consumers based on their power usage. The scheme boasts an annual budget of around €500 million ...

EC fines General Electric €52 million for providing incorrect information in LM Wind takeover

S.10.2. Competition Law

D.10.2. Competition Law

Monday, April 8, 2019
The EC has fined General Electric (GE) €52 million for providing incorrect information during the EC’s investigation under the EU Merger Regulation of GE’s acquisition of LM Wind. This is the second fine imposed by the EC since the introduction of new antitrust merger review ...

ACER adopts amendment on determination of capacity calculation regions

S.2.2. The Internal Energy Market

D.2.2. The Internal Energy Market

Friday, April 5, 2019
ACER adopted a Decision based on the proposal of the EU TSOs for the amendment of the determination of capacity calculation regions. The amendment was referred to ACER after National Regulatory Authorities (NRAs) failed to agree on whether or not to approve the proposal. The Decision ...