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Global Trade Alert

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Germany: Introduction of EUR 450 million state aid measure to support lignite-fired power plants

Description

On 30 September 2022, the European Commission approved a EUR 450 million (USD 439 million) financial grant from Germany. The measure aims to enable 5 lignite-fired power plants, operated by Lausitz En...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Oct 2022

Revocation date

31 Mar 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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