Source: EURLEX
Language: en
Format: md

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| 27.4.2006 | EN | Official Journal of the European Union | C 100/2 |

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Authorisation of State aid pursuant to Article 61 of the EEA Agreement and Article 1(3) in Part I of Protocol 3 to the Surveillance and Court Agreement

EFTA Surveillance Authority decision not to raise objections

(2006/C 100/02)

Date of adoption:

EFTA State: Norway

Aid No: Case 57702

Title: Scheme for research and development concerning gas technologies with improved environmental performance (‘Gassnova’)

Objective: The principal objective of the scheme is to strengthen the intensity of R&D concerning gas-fired power stations with carbon dioxide capture and storage in order to reduce CO2 emissions from such power-stations

Legal basis: Decision No 352 to the Storting (2002-2003), Decision No 69 to the Storting (2003-2004), Proposition No 250 to the Storting (2003-2004), decision No 549, Budget resolution No 9 to the Storting (2004-2005) from the Committee for Energy and Environment, Royal decree of 17.12.2004 concerning the establishment and decision on by-laws and authority for the administrative agency Gassnova, and Regulation on amendments to Regulation of 16.12.1977, No 14 and Regulation of 16.12.1977, No 15

Budget/Duration: The aid scheme will be financed through annual dividends of a dedicated fund of NOK 2 billion (approximately EUR 253 million). The annual dividends of the fund constitute NOK 91,8 million (approximately EUR 12 million). The duration of the scheme is ten years

The authentic text of the decision, from which all confidential information has been removed, can be found at:

http://www.eftasurv.int/fieldsofwork/fieldstateaid/stateaidregister

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