The EC approved the intention to reduce the nuclear tax to some companies with high electricity consumption



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The European Commission (EC) concludes that Slovakia's plan to reduce the nuclear tax for certain companies requiring electricity is due to the fact that, according to the European Commission, in accordance with the rules of the European Commission, EU in state aid. The measure will contribute to the competitiveness of these companies without unduly distorting competition in the common market, the EC reported on its website Friday

Some companies should get compensation

Slovakia created the National Nuclear Fund in 2006 NJF ) to finance the decommissioning costs of obsolete nuclear power plants. The National Nuclear Fund is financed by taxes paid by the end users of electricity. Slovakia intends to provide nuclear energy concessions to certain energy-intensive industries affected by international trade from 2019, such as refineries, iron, steel, ferroalloys and aluminum, from 2019.

are appropriate

The RS has submitted this measure for review by the European Commission. The EC concluded that the concession on nuclear abstractions is limited to companies operating in electricity consuming sectors and affected by international trade and is proportionate. It is important for the EC that the concessions represent a sustainable basis for financing the safe and timely decommissioning of obsolete nuclear power plants in Slovakia without compromising the competitiveness of companies affected by international trade

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