VIDEO: Brussels launches state aid probe into Cameron’s nuclear project

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Hughes Belin, leading energy journalist at viEUws.eu, looks into the merits of the Commission’s decision to open a state aid probe into the new nuclear power project at Hinkley Point C in the United Kingdom.

The European Commission is currently carrying out and in-depth investigation of the business model of the Hinkley Point C nuclear power project. Competition Commissioner Joaquin Almunia has doubts with regard to the compatibility of the UK financing mechanism for nuclear energy with EU state aid rulesIn its analysis, the Commission will examine the balance between market distortions and benefits to address security of supply and climate protection.

In Focus: Brussels launches state aid probe into Cameron’s nuclear project appeared first on viEUws.

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