The European Commission said on November 28 that it has approved a
support scheme for installations producing renewable energy built in the
Czech Republic between 2006 and 2012 under EU state aid rules.
According to the Commission, in line with the applicable 2001 and
2008 Commission environmental guidelines, the support takes the form of a
preferential prices (feed-in tariffs) and premiums on top of the market
price (green bonuses).
The measure also incorporates a review mechanism, which ensures that
installations are not overcompensated and aid is limited to the minimum
necessary to achieve the scheme’s objectives.
The Czech Republic has also committed to investing around €20 million in interconnection projects.
The Commission concluded that, in line with EU objectives, the
measure helps the Czech Republic to achieve its 2020 renewable energy
targets. The review mechanism and interconnector investments ensure that
potential distortions of competition brought about by the public
financing are limited.
https://www.neweurope.eu/article/eu-clears-czech-renewable-energy-support-scheme/