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State Aid

State aid: Green light given for aid to Akershus Energi Varme AS

9.5.2012

PR(12)23

The Authority today approved the state aid granted to Akershus Energi Varme AS for the construction and expansion of district heating and cooling infrastructure in Lillestrøm, Strømmen and Nitteberg. Akershus Energi Varme AS will receive NOK 73.1 million. The aid is granted under the Norwegian Energy Fund Scheme.[1]

Due to the high amount of aid, the measure was notified to the Authority in February 2011 and has been subject to a detailed assessment under Article 61(3)(c) of the EEA Agreement. The Agreement allows for state support to environmental objectives where, on balance, the environmental benefits of such support outweigh the potential distortions of competition.

With regard to the aid to Akershus Energi Varme AS, the Authority has found that the positive effect of increasing use of district heating and cooling outweighs the limited effect of the aid on competition. The aid is proportional as it is limited to the aid necessary to trigger investments in the district heating and cooling infrastructure. The aid also provides an incentive effect since the project would not be commercially viable without the aid.

A non-confidential version of the Decision will be published in the register of state aid decisions on the Authority's website, normally within a month from the date of the Decision.

For further information, please contact:

Mr. Trygve Mellvang-Berg
Press and Information Officer
Tel. (+32)(0)2 286 18 66
Mob. (+32)(0)492 900 186



[1] Scheme approved in 2011 (Decision No 248/11/COL ).




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