What Commission Decision (EU) 2025/429 of 30 April 2024 on the measure State aid SA.58207 (2021/N) which Czechia is planning to implement to support the construction and operation of a new nuclear power plant at the Dukovany site (notified under document C(2024) 2858) requires
The European Commission has approved a state aid measure by Czechia to support the construction and operation of a new nuclear power plant (NPP) at the Dukovany site. The aid consists of a Purchase Contract (PC) for electricity offtake, a repayable financial assistance (RFA) loan, and a Change of Law or Policy Protection mechanism. The PC guarantees revenue stability for the beneficiary, EDU II, a subsidiary of ČEZ, over 40 years of operation, with a Strike Price mechanism to ensure a target return on equity. The measure aims to address Czechia's energy security, decarbonization goals, and replace aging coal and lignite plants. The Commission's decision follows an in-depth investigation and modifications by Czechia to address competition concerns.
Pillar: Legal & IP Sovereignty · Authority: THE EUROPEAN COMMISSION · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32025D0429
SHA-256 integrity: 8a11bef9a996ff0a8e4a9f05bfcc1b161051df3c910b1994dbaf426824968dff
Primary Citations — 6 traced to source
- Article 108(2): 'Having regard to the Treaty on the Functioning of the European Union, and in particular the first subparagraph of Article 108(2) thereof,'
- Recital 1: 'By letter dated 15 March 2022, Czechia notified the Commission of the measure supporting the construction and operation of a new nuclear power plant ('NPP') at the Dukovany site (the 'Project').'
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