Farmers and local councils threatened by refusal to pay power support says ministry

The Czech Ministry of Industry and Trade warned Monday that farmers and local councils could be hard hit if a stand-off with the country’s energy regulator over support payments for 2016 continues. The ministry pointed out that around a third of the state support which threatens to be blocked is earmarked for bio-gas facilities which have been constructed by farmers and many local Czech councils. Since loans were taken out on many of the projects, the situation is even graver, the ministry added. The energy regulator is refusing to sign off on around 40 billion crowns of support for 2016 because it says the aid has not been cleared by the European Commission.

Author: Jan Velinger