Lithuanian electricity strategic reserve measure under investigation

EPA-EFE/MARTIN DIVISEK

Steam escape from the chimneys of the 1000 megawatt coal-fired power plant Pocerady near Most, Czech Republic, 11 December 2018. According to an UN report, carbon dioxide (CO2) emissions have risen for the first time in four years. The United Nations COP24 Conference, which will take place in Poland until 14 December 2018, is struggling for a common position in the fight against climate change.

Lithuanian electricity strategic reserve measure under investigation


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The European Commission has opened an in-depth investigation to assess whether Lithuanian support to energy company AB Lietuvos Energija may have unduly favoured the company and distorted competition in the Single Market, in the context of a strategic reserve measure.
In 2016, after receiving a formal complaint alleging that the measure was incompatible with EU State aid rules, the Commission concluded that the measure constituted State aid. The next step is to investigate further to determine whether its initial concerns are confirmed.

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