Austria will sue over nuclear power subsidies

Austria said it will sue to block any subsidized nuclear power plants in Europe in an attempt to scare off investors.
 
A government official was quoted in Reuters as saying the country will fight any subsidized nuclear plant plans in court because the incentives hampered the development of renewable energy.
 
The Austrian government intends to take the European Commission to court over its approval of incentives for the Hinkley Point C nuclear project in the UK. Consumers could end up paying £17 billion ($27.8 billion) in subsidies to plant developer EDF, which is more than the £16 billion ($26.2 billion) cost of the plant itself. The incentives triggered an investigation by the European Commission in December. The Czech Republic also plans to expand its nuclear capacity.
 
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