EnergyWatch

EU Commission approves wind farm Thor's subsidy model

Denmark's budget of EUR 874m supporting the design, construction and operation of offshore wind farm Thor has now been approved.

Photo: Jens Dresling

The subsidy model for Denmark's forthcoming offshore wind farm Thor has been green-lit by the European Commission.

In a statement, the Commission writes that it "found that the aid is necessary and has an incentive effect, as the Thor offshore wind project would not take place in the absence of the public support. Furthermore, the aid is proportionate and limited to the minimum necessary, as the level of aid will be set through a competitive auction".

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs