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Sweden: EUR 3 billion state aid scheme to support biogenic CO2 capture and storage projects

Description

On 2 July 2024, the European Commission approved a EUR 3 billion (USD 3.2 billion) state aid scheme from Sweden. The aid involves providing a grant per tonne of stored biogenic CO2 to companies that u...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Jul 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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