State Aid for electricity production from renewable sources (Recovery & Resilience Plan)

The European Commission has approved, under EU State aid rules, an Austrian aid scheme to support electricity production from renewable sources (namely wind, solar, hydro, biomass and biogas). The aid will be provided as a top-up premium and be granted through a technology specific competitive bidding process for electricity produced from wind, solar, and biomass. 

The aid will be paid out to approved beneficiaries for a maximum period of 20 years from the start of plant operation. The measure will apply until the end of 2030. Payments under the scheme have been estimated to amount to around €4.4 billion.

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