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European Union clears power deal between Danish operator, utility

European Union, DONG Energy

BRUSSELS (AP) — The European Union has ruled that an electricity deal between Danish utility DONG Energy and government-owned grid operator Energinet.dk doesn’t constitute state aid. Under the 2011-2015 deal, DONG, which is majority-owned by the government, was required to supply electricity at short notice to ensure the stability of the power grid. Competitors had complained to the EU executive ...

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