EMEA > European capacity markets have funnelled over €50 bln to fossil fuels since 2015 -report

European capacity markets have funnelled over €50 bln to fossil fuels since 2015 -report

Published 23:01 on January 27, 2025  /  Last updated at 11:56 on January 24, 2025  / /  EMEA

Capacity markets across Europe have allocated nearly €53 billion in public subsidies to fossil power plants since 2015, funded through a levy on energy bills aimed at ensuring the lights are kept on at all times, a new report published on Tuesday has revealed.
Capacity markets across Europe have allocated nearly €53 billion in public subsidies to fossil power plants since 2015, funded through a levy on energy bills aimed at ensuring the lights are kept on at all times, a new report published on Tuesday has revealed.


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