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Portugal: EUR 612 million electricity levy reduction scheme for energy-intensive companies

Description

On 23 April 2025, the European Commission approved a EUR 612 million (USD 695.3 million) scheme from Portugal designed to lower electricity levy rates for energy-intensive companies located in the cou...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Apr 2025

Revocation date

22 Apr 2035

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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