Oxera’s economic analysis key to RWE’s Lynemouth state aid clearance
A recent in-depth European Commission state aid investigation considered whether aid to convert RWE’s Lynemouth plant from coal to biomass might be illegal under EU state aid rules. In February 2015, the Commission raised concerns that the aid might lead to the plant being excessively profitable, and that the fuel requirements of RWE’s biomass plant might distort competition in global markets. Read More