State aid: Commission approves EUR385 million support for production of electricity from renewable sources in Lithuania
(WorldNews Environment)

The European Commission has approved, under EU State aid rules, a scheme to support electricity production from renewable energy sources in Lithuania. The measure, open to all types of renewable generation, will contribute to the EU environmental objectives without unduly distorting competition. Commissioner Margrethe Vestager, in charge of competition policy, said: `The scheme will contribute to Lithuania`s transition to low carbon and environmentally sustainable energy supply, in line with the EU environmental objectives and our state aid rules.` On 1 May 2019, Lithuania will introduce a new aid scheme to...