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Spain: Reintroduction of electricity compensation scheme for energy-intensive users

Description

On 27 March 2023, the European Commission approved the reintroduction of a Spanish state aid measure that includes a EUR 396 million (approx. USD 427 million) compensation scheme to support energy-int...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Mar 2023

Revocation date

31 Dec 2028

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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