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ARTICLE · 22 FEBRUARY 2024

State Aid - Horizon Scanner Infrastructure January 2024

Arthur Cox
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The European Commission approved a €1.3 billion French scheme aimed at developing cost-efficient and non-fossil flexibility technologies.

IrelandEnergy and Natural Resources
Arthur Cox
Arthur Cox
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NON-FOSSIL FLEXIBILITY TECHNOLOGIES IN ELECTRICITY SECTOR

The European Commission approved a €1.3 billion French scheme aimed at developing cost-efficient and non-fossil flexibility technologies. The scheme's objective is to ensure that supply and demand of electricity are kept in balance during times of peak consumption (such as during the winter period). Further Information can be found here.

DEVELOPMENT OF CENTRALISED ELECTRICITY STORAGE SYSTEM

The European Commission approved a €17.7 billion Italian scheme to support the construction and operation of a centralised electricity storage system. It is intended to enable the integration of renewable energy sources in the Italian electricity system and will support the construction of storage facilities with a joint capacity of more than 9 GW/71 GWh with the aim of developing a centralised electricity storage system. The aid available under the scheme will take the form of annual payments covering investment and

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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