The European Commission is willing to approve national government aid to coal plant operators for closing early, and to manufacturers to decarbonize their production, to support the EU’s 2050 carbon neutrality goal, it said. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Many EU national governments, including Germany, are forcibly phasing out hard coal and lignite-fired power plants over the next two decades, and operators are seeking compensation for early closures. The EC would only approve compensation in line with the operator’s expected losses from an early power plant closure, it said in its Sustainable Europe Investment Plan published Tuesday. National governments would also have to structure the compensation to minimize any market or competitive distortions. The […]