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France: EUR 1.3 billion for the development of flexibility technologies to ensure electricity supply

Description

On 21 December 2023, the European Commission approved a EUR 1.3 (USD 1.4) billion financial grant scheme from France. The aid will support large industrial companies to develop and adopt non-fossil fu...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Dec 2023

Revocation date

31 Mar 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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