Czech support for market-wide energy storage wins EU approval
( July 16, 2026, 09:45 GMT | Official Statement) -- MLex Summary: Czechia has secured EU state aid approval for a “market-wide” program to ensure sufficient capacity to produce and store electricity. The European Commission said the clearance was the first for an electricity capacity mechanism approved under its state aid rules for supporting clean industry. “Today’s decision enables Czechia to put in place a well-designed and targeted capacity mechanism to safeguard security of electricity supply at a time when Europe must remain both resilient and forward-looking,” EU competition chief Teresa Ribera said.Statement follows....
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