EU signals end to high subsidies for renewable energy

EU signals end to high subsidies for renewable energy
Brussels (AFP) Nov 05, 2013 - The European Commission issued new guidelines Tuesday which could end costly and controversial subsidies for renewable energy, opening the way for state-aid backing of gas or coal-fired electricity generation projects. "The ultimate aim of the market is to deliver secure and affordable energy for our citizens and business," EU Energy Commissioner Guenther Oettinger said. "Public interven ... morehttp://www.solardaily.com/reports/EU_signals_end_to_high_subsidies_for_renewable_energy_999.html