filed: March 30, 2012 •
France
Credit: By Carol Matlack,
Bloomberg,
www.bloomberg.com
30 March 2012 ~~
France’s highest administrative court has been advised by an independent magistrate to cancel preferential tariffs for wind-generated electricity, Les Echos reported, citing industry officials.
The newspaper quoted Nicolas Wolff, director general of wind turbine maker Vestas France SAS, as saying that one-third of wind-power operators in France could go out of business if the recommendation is accepted by the court, or State Council.
The magistrate said France had failed to notify the European Commission when it set a guaranteed tariff of 82 euros ($111) per megawatt hour for wind power in 2008, Les Echos said. A group opposing wind-turbine construction has challenged the tariff on grounds that it is a form of state aid and therefore subject to EC review.
Source: By Carol Matlack,
Bloomberg,
www.bloomberg.com
30 March 2012
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