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Global Trade Alert

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Italy: EUR 35.3 billion production subsidy scheme to support renewable energy producers

Description

On 4 June 2024, the European Commission approved a EUR 35.3 (USD 38.4) billion production subsidy scheme to support the production of electricity from renewable sources. The aid will support producers...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Jun 2024

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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