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Austria: Introduction of EUR 100 million grant scheme for the reduction of peak electricity consumption

Description

On 19 January 2023, the European Commission approved a EUR 100 million (USD 108.2 million) financial grant scheme from Austria. The scheme aims to support Austrian electricity consumers and aggregator...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Jan 2023

Revocation date

31 Mar 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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