US EditionEU to probe Czech aid for two nuclear units
- The European Commission is investigating whether the Czech government's plan to support the construction and operation of two nuclear units complies with EU state aid rules.
- The plan involves granting a low-interest loan of 23-30 billion euros to cover construction costs and a guaranteed minimum price for electricity produced by the plant for 40 years.
- The Czech Republic signed a 16-billion-euro contract with South Korea's KHNP in June to build the two reactors, with construction slated to begin in 2029.
25 Articles
25 Articles
Brussels Probes Czech Nuclear Mega-Deal Over State Aid Rules
The European Commission said on Monday, December 22nd it had opened an investigation to assess whether the Czech government’s support plan for the construction and operation of two nuclear units is in line with EU state aid rules. In October, Prague submitted a support scheme for the project to build two new nuclear reactors at the country’s southern Dukovany plant. The plan would see the government grant a low-interest loan of between 23 billio…
InsideNoVA.com
EU to probe Czech aid for two nuclear units
The European Commission said Monday it had opened an investigation to assess whether the Czech government's support plan for the construction and operation of two nuclear units is in line with EU state aid rules.
The European Commission (EC) has launched an in-depth investigation to assess whether public support that the Czech Republic plans to provide for the construction and operation of two new nuclear power units in Dukovany is in line with EU state aid rules, the Commission announced in a press release on Monday.
EU investigates Czech state support for two new nuclear unitsThe European Commission will investigate Czech state support for the construction and operation of two new nuclear power units in Dukovany. The initiative aims to accelerate decarbonisation and address electricity shortages, with planned commissioning in 2036 and 2037.
The European Commission (EC) has launched an in-depth investigation to assess whether the public support that the Czech Republic plans to provide for the construction and operation of two new nuclear units in Dukovany is in line with EU state aid rules. The Commission announced this in a press release on Monday. The EU...
The European Commission has begun investigating whether the Czech Republic's state aid, which the country plans to provide for the construction of new units in Dukovany, is appropriate and proportionate.
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