The EU Commission approves compensation for early closure of coal fired power plant in the Netherlands (Hemweg)

The European Commission has concluded that the compensation of €52.5 million granted to coal fired power plant Hemweg by the Netherlands for the early closure imposed on the plant is in line with EU State aid rules. The measure will contribute to reducing CO2 without unduly distorting competition in the EU's Single Market. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “In the context of the European Green Deal the

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European Commission, The EU Commission approves compensation for early closure of coal fired power plant in the Netherlands (Hemweg), 12 May 2020, e-Competitions June 2020, Art. N° 94874

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