Germany gets informal EU's go-ahead to support gas-fired power, sources say
By Markus Wacket
BERLIN, June 7 (Reuters) -Germany won the European Union's (EU) informal nod to pay billions of euros to gas powered plants to be able to stabilise the grid when unsteady renewable energy supplies fall short, people familiar with the negotiations told Reuters on Friday.
An agreement in principle was reached with the EU's competition authorities for state support to utilities for the 10 gigawatt (GW) scheme but some details for an official approval are to be hammered out over the next few weeks, government and company sources said.
They added that the German government secured an agreement to a set of terms that will change over time as the long-term scheme, which is known as the National Power Station Strategy, evolves.
Berlin expects to receive an EU document outlining the informal agreement on Friday, the sources said.
The German economy ministry did not confirm an agreement, and said that very good progress had been made in EU talks.
The EU Commission said it is in close and constructive discussions with the German authorities but would not further comment on details or timing.
Reporting by Markus Wacket in Berlin
Additional reporting by Foo Yun Chee in Brussels
Writing by Ludwig Burger, Editing by Andrey Sychev
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