{"id":30726,"date":"2023-08-07T09:00:00","date_gmt":"2023-08-07T07:00:00","guid":{"rendered":"https:\/\/marineforum.online\/?p=30726"},"modified":"2023-08-07T08:37:19","modified_gmt":"2023-08-07T06:37:19","slug":"brunsbuettel-bruessel-approves-state-aid-for-lng-terminal","status":"publish","type":"post","link":"https:\/\/marineforum.online\/en\/brunsbuettel-bruessel-genehmigt-staatliche-hilfen-fuer-lng-terminal\/","title":{"rendered":"Brunsb\u00fcttel: Brussels approves state aid for LNG terminal"},"content":{"rendered":"<p><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">The state development bank KfW (Kreditanstalt f\u00fcr Wiederaufbau) is authorised to provide financial support to the German energy company RWE and the Dutch energy grid operator Gasunie.<\/span><\/span><\/span><\/p>\n<p><strong><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">Energy security<\/span><\/span><\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">The landing point for liquefied natural gas will improve the supply and gas infrastructure in Germany and thus also contribute to the EU's energy security. The measure that has now been approved contains sufficient precautions to limit any distortions of competition. This was announced by Margrethe Vestager, the EU Commissioner responsible for competition, on Thursday in Brussels.<\/span><\/span><\/span><\/p>\n<p><strong><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">Profitability<\/span><\/span><\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">The operating company is a joint project between KfW, Gasunie and RWE. Specifically, KfW is to grant the two companies a share of the dividends paid by the operator of the LNG terminal if the annual return on the project falls below a certain percentage. If, on the other hand, the project generates enough money, no aid may be paid. The EU estimates that the amount of aid will be 40 million euros. The mechanism through which the money is to be distributed is designed to run for 15 years.<\/span><\/span><\/span><\/p>\n<figure id=\"attachment_30729\" aria-describedby=\"caption-attachment-30729\" style=\"width: 618px\" class=\"wp-caption alignleft\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-30729\" src=\"\/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312-300x168.jpg\" alt=\"\" width=\"618\" height=\"346\" srcset=\"\/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312-300x168.jpg 300w, \/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312-1024x573.jpg 1024w, \/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312-768x430.jpg 768w, \/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312-1536x860.jpg 1536w, \/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312-1080x605.jpg 1080w, \/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312-750x420.jpg 750w, \/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312-1140x638.jpg 1140w, \/wp-content\/uploads\/2023\/08\/deu-rwe-lng_terminal-e1691082034312.jpg 1600w\" sizes=\"(max-width: 618px) 100vw, 618px\" \/><figcaption id=\"caption-attachment-30729\" class=\"wp-caption-text\">Principle sketch of floating LNG terminal. Graphic: RWE<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><strong><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">German speed<\/span><\/span><\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">Germany is rapidly building up its own gas infrastructure to replace Russian gas supplies. At the end of March, LNG (liquefied natural gas) was fed into the terminal in Brunsb\u00fcttel for the first time. Further LNG landing points are being built in Wilhelmshaven and Lubmin off R\u00fcgen.<\/span><\/span><\/span><\/p>\n<p><strong><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">Competition<\/span><\/span><\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\"><span style=\"font-family: Arial;\"><span style=\"font-size: medium;\">The EU Commission examines and authorises major state aid to ensure that member states do not give their companies any undue advantages. For example, the aim is to prevent an economically strong country (such as Germany) from forcing competitors from other EU member states out of the market.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-family: Arial;\"><span style=\"color: #000000;\"><span style=\"font-size: medium;\">Source: Handelsblatt<\/span><\/span><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Die staatliche F\u00f6rderbank KfW (Kreditanstalt f\u00fcr Wiederaufbau) darf das deutsche Energieunternehmen RWE und den niederl\u00e4ndischen Energienetzbetreiber Gasunie finanziell unterst\u00fctzen. Energiesicherheit Der Anlandepunkt f\u00fcr Fl\u00fcssigerdgas werde die Versorgung und Gasinfrastruktur in Deutschland verbessern und so auch zur Energiesicherheit der EU beitragen. Die nun genehmigte Ma\u00dfnahme enthielte ausreichend Vorkehrungen, um etwaige Wettbewerbsverzerrungen zu begrenzen. Das teilte die [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":30728,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"2normal","footnotes":""},"categories":[52,486,42,50],"tags":[5889,3313,5888,5891,4458,5892,5893,592,5890,5894],"class_list":["post-30726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technologie-news","category-headlines","category-news","category-sicherheitspolitik-news","tag-anlandepunkt","tag-eu-kommission","tag-gasterminal","tag-gasunie","tag-gasversorgung","tag-kfw","tag-kreditanstalt","tag-lng","tag-rwe","tag-wiederaufbau"],"acf":[],"_links":{"self":[{"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/posts\/30726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/comments?post=30726"}],"version-history":[{"count":0,"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/posts\/30726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/media\/30728"}],"wp:attachment":[{"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/media?parent=30726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/categories?post=30726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marineforum.online\/en\/wp-json\/wp\/v2\/tags?post=30726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}