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Add to Preferred SourcesThe European Commission has approved three schemes to support electricity production from wind and solar in Denmark in 2018 and 2019.
The first is a multi-technology tender scheme for onshore and offshore wind and solar installations with a budget of €112M (US$128M). The beneficiaries of the aid will be selected through tenders organised in 2018 and 2019, with the different technologies competing against one another.
The scheme for onshore wind for test and demonstration projects has an expected budget of €27M and a transitional aid scheme with a budget of €5M.
The aid for the three schemes will be granted for 20 years from when they are connected to the grid. The schemes are financed from Denmark’s state budget.
The Commission assessed all three schemes under EU State aid rules, in particular, the Commission’s 2014 Guidelines on State Aid for Environmental Protection and Energy.
It found that the schemes will encourage the development of offshore and onshore wind and solar technology, in line with the requirements of the guidelines.
Denmark has a goal of supplying 50% of its energy from renewable energy sources by 2030 and of becoming independent from fossil fuels by 2050.
Original source: OffshoreWind
Published on 21 August 2018