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Austria: Gas Diversification Act 2022 allocates EUR 400 million to diversify energy sources

Description

On 30 June 2022, the Austrian government approved the Gas Diversification Act 2022 allocating EUR 400 million (USD 417 million) in state aid to companies in reducing their dependence on Russian natura...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jul 2022

Revocation date

31 Dec 2025

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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