Europe

EU approves Danish support for offshore windfarm

  • FILE - This September 9. 2013 shows wind turbines at Flakfortet near Copenhagen. The EU's antitrust chief, Margrethe Vestager, said Tuesday March 28, 2017  that the bloc’s executive Commission has approved Denmark's support for a proposed 600 MW offshore windfarm in the Danish section of the Baltic Sea, near German windmills.(Jens Dresling/Polfoto File via AP)

    FILE - This September 9. 2013 shows wind turbines at Flakfortet near Copenhagen. The EU's antitrust chief, Margrethe Vestager, said Tuesday March 28, 2017 that the bloc’s executive Commission has approved Denmark's support for a proposed 600 MW offshore windfarm in the Danish section of the Baltic Sea, near German windmills.(Jens Dresling/Polfoto File via AP)  (The Associated Press)

  • FILE - This September 9. 2013 shows offshore wind turbines by Amagerstrand in Copenhagen. The EU's antitrust chief, Margrethe Vestager, said Tuesday March 28, 2017  that the bloc’s executive Commission has approved Denmark's support for a proposed 600 MW offshore windfarm in the Danish section of the Baltic Sea, near German windmills. (Jens Dresling/Polfoto, File via AP)

    FILE - This September 9. 2013 shows offshore wind turbines by Amagerstrand in Copenhagen. The EU's antitrust chief, Margrethe Vestager, said Tuesday March 28, 2017 that the bloc’s executive Commission has approved Denmark's support for a proposed 600 MW offshore windfarm in the Danish section of the Baltic Sea, near German windmills. (Jens Dresling/Polfoto, File via AP)  (The Associated Press)

The EU's antitrust chief, Margrethe Vestager, says the bloc's executive Commission has approved Danish subsidies for a proposed offshore windfarm in the Danish section of the Baltic Sea, near German windmills.

Vestager says the aid to Kriegers Flak windfarm was in line with European Union guidelines because "it helps the EU to meet its energy and climate targets."

The Commission said Tuesday the support will be granted as a premium on top of the electricity price in the Nord-Pool market, Europe's leading power market.

The project will be Denmark's largest offshore windfarm, expected to be operational by 2021. It will be connected to two German offshore windfarms and will allow for increased electricity exchange between the two countries.