Spanish state aid for electricity capacity mechanism approved by EU
( May 29, 2026, 13:03 GMT | Official Statement) -- MLex Summary: Spain’s plan to provide €9 billion in state aid for electricity capacity mechanisms aimed at safeguarding security of supply has been approved by the European Commission. The measure, which will support electricity generation, storage and demand-response operators through competitive auctions, was cleared under the EU state aid provisions. It is due to run for 10 years from May 2026.The press release is attached....
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