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EuropeState aid: Commission approves Belgian Capacity Mechanism

State aid: Commission approves Belgian Capacity Mechanism

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European Commission
European Commission
The European Commission (EC) is the executive branch of the European Union, responsible for proposing legislation, enforcing EU laws and directing the union's administrative operations. Commissioners swear an oath at the European Court of Justice in Luxembourg City, pledging to respect the treaties and to be completely independent in carrying out their duties during their mandate. (Wikipedia)

European Commission Press release Brussels, 27 Aug 2021 The European Commission has approved, under EU State aid rules, Belgium’s capacity mechanism. The measure will contribute to ensuring the security of electricity supply, in particular in view of Belgium’s decision to phase out all nuclear capacity by 2025.

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