Tuesday, July 21, 2015
First Ever State Aid Sector Investigation: Electricity Producers Targeted by the European Commission
Philip Torbol and Alessandro Di Mario, both K&L Gates, describe the First Ever State Aid Sector Investigation: Electricity Producers Targeted by the European Commission.
ABSTRACT: On 29 April 2015, the European Commission (‘Commission’) launched its first ever sector inquiry under State aid rules, which will assess the measures put in place by the EU Member States to ensure an adequate production of electricity at all times (‘capacity mechanisms’). This could be the first step towards new rules on aid to electricity production. Another possible outcome is the opening of State aid proceedings against specific Member States’ subsidies to electricity producers.