The European Commission has approved state aid for French energy company EDF's seven MW Normandie Hydro tidal energy scheme. The EU's competition authority said the propopsed level of French state aid for the “novel renewable energy technology” would not lead to overcompensation. The 14-turbine operation was to have been built at Raz Blanchard in the English Channel by a joint venture of EDF Energies Nouvelles and OpenHydro. Some of the state aid will be reimbursed if the technology proves successful.
The European Commission has approved state aid for French energy company EDF's 14 MW Normandie Hydro tidal energy scheme. The EU's competition authority said the propopsed level of French state aid for the “novel renewable energy technology” would not lead to overcompensation. The seven-turbine operation was to have been built at Raz Blanchard in the English Channel by a joint venture of EDF Energies Nouvelles and OpenHydro. Some of the state aid will be reimbursed if the technology proves successful.