Global Trade Alert
Global Trade Alert

United Kingdom: Government awards financial assistance to Octopus Energy Operations Limited to support renewable electricity generation

Announcement

05 Nov 2024

In November 2024, the UK government approved financial assistance to Octopus Energy Operations Limited to support renewable electricity generation.

Source

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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 10.7 (USD 13.9) million for Octopus Energy Operations Limited. The funding was provided through the buy...

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