Commission approves German capacity mechanism of up to €35 billion to secure electricity supply
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What happened
The European Commission has approved, under EU State aid rules, a capacity mechanism for Germany available from 2031. This measure, with an estimated cost between €15.6 billion and €35.2 billion, aims to ensure sufficient capacity to produce, store or flexibly consume electricity, so that electricity production can consistently meet expected demand.
Summary assembled by rule from the sources below