Tag Archives: Austria To Sue EU Over UK Nuclear Plant Subsidy Approval

Austria To Sue EU Over UK Nuclear Plant Subsidy Approval – 22 January 2015

RT logoAustria plans to take the European Commission to court over its approval of state subsidies to the $24-billion nuclear power plant Hinkley Point C, which is set to become the UK’s first new nuclear reactor in two decades.

Last October, the EU approved a UK state subsidy request for the project, a deal between French-owned nuclear developer EDF and the UK government.

Though the project was met with skepticism by some commissioners, four of whom voted against the decision, the commission decided that the UK’s plans to subsidize the construction and operation of the plant are in accordance with EU state aid regulations.

Read the full story at: www.rt.com / link to original article