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

Description

On 11 January 2021, the EU approved a Spanish state aid measure which includes a EUR 200 million (approx. USD 243.4 million) Reserve Fund to Guarantee Large Electricity Consumers (FERGEI in Spanish). ...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Jan 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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