Announcement
08 Jun 2022
In June 2022, the European Commission approved a Spanish state aid aimed at lowering the input costs of fossil fuel-fired power stations to reduce the wholesale electricity prices in the Iberian market.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
08 Jun 2022
Revocation date:
31 Dec 2023
Updated: 08 Jun 2022
Production subsidy
On 8 June 2022, the European Union approved a EUR 6.3 billion (USD 6.8 billion) production subsidy scheme from Spain. The scheme aims to lower the input costs of fossil fuel-fired power stations, with...
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