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Germany: EUR 2.6 billion state aid to compensate RWE for early closure of lignite-fired power plants

Description

On 11 December 2023, the European Commission approved a EUR 2.6 billion (USD 2.8 billion) financial grant from Germany. The grant compensates German energy company RWE AG for the early closure of its ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Dec 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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