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Austria: Introduction of scheme to promote electricity produced from renewable energy sources

Description

On 20 December 2021, the European Commission approved a EUR 4.4 (USD 5.4) billion Austrian state aid measure for renewable energy producers. The objective of the Renewable Energy Source (RES) scheme i...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Dec 2021

Revocation date

31 Dec 2030

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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