New State Aid Guidelines allow technology-specific auctions, endorse Contracts for Difference to deploy more wind

By |December 22nd, 2021|OFFSHORE NEWS, REGULATORY|

Today the European Commission published its new EU Guidelines on State Aid for Climate, Environmental Protection and Energy. The new Guidelines allow National Governments to hold technology specific auctions and endorse revenue stabilisation mechanisms notably 2-sided CfDs. These are pre-conditions for the accelerated deployment of wind energy towards climate neutrality. [...]