Brussels probes Germany's €4.35 billion coal plant pay-off plan
Brussels announced on Tuesday that it has launched an in-depth probe into plans by Berlin to compensate coal-fired power plants for their early closure.
Germany has planned to phase out coal from its energy mix by 2038.
As part of this, it has proposed to give €4.35 billion to plant operators to compensate for lost profits due to the early closures.
But the European Commission believes the funds proposed by Berlin may constitute state aid and violate EU rules.
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