Global Trade Alert
Global Trade Alert

United Kingdom: Government awards financial assistance to Octopus Energy Operations to support generation of renewable electricity

Announcement

19 Oct 2023

In October 2023, the UK government approved financial assistance to Octopus Energy Operations to support the generation of renewable electricity.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Oct 2023

Revocation date:

No revocation date

Updated: 19 Oct 2023
Production subsidy In force

On 19 October 2023, the UK Department for Energy Security and Net Zero approved state aid for Octopus Energy Operations Limited. The total value of the funding is GBP 11.8 million (USD 14.4 million...

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