Announcement
05 Nov 2024
In November 2024, the UK government approved financial assistance to Octopus Energy to support renewable electricity generation.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
05 Nov 2024
Revocation date:
No revocation date
Production subsidy
In force
On 5 November 2024, the UK Department for Energy Security and Net Zero approved state aid of GBP 16.7 (USD 21.6) million for Octopus Energy. The funding was provided through the buy-out fund of the Re...
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