Global Trade Alert
Global Trade Alert

Hungary: Financial aid scheme to electricity storage undertakings for efforts to transition to a net-zero economy

Announcement

21 Jun 2023

In June 2023, the European Commission approved a Hungarian state aid scheme to support renewable energy projects with an aim to transition to a net-zero economy.

Source

Sign in to access

Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Jun 2023

Revocation date:

31 Dec 2025

Announced: 21 Jun 2023
Financial grant
On 21 June 2023, the European Commission approved a HUF 108.6 billion (approx. USD 322 million) investment grant scheme by Hungary. The grants will be provided to electricity storage operators for ext...
Sign in to see more
Announced: 21 Jun 2023
Price stabilisation
On 21 June 2023, the European Commission approved a HUF 329 billion (USD 9.76 billion) annual operational support grant scheme by Hungary. The support takes the form of feed-in-tariffs to electricity ...
Sign in to see more

Threads

See all

Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

interventions

194

jurisdictions

Harmful Trade Policy Interventions: Batteries

This Thread tracks harmful trade policy interventions affecting batteries since 2009. It covers all types of interventions monitored by Global Trade Alert that affect at least one HS code linked to cells and batteries, electric accumulators or generators.

Published: 09 Jan 2025

2107

interventions

96

jurisdictions