Spain: Budget increase of compensation scheme for the indirect costs of CO2 emissions of energy-intensive companies until 2030

Announcement

20 Nov 2023

In November 2023, the European Commission approved a budget increase in favour of a Spanish financial grant scheme to partially compensate energy-intensive companies.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Nov 2023

Revocation date:

31 Dec 2030

Updated: 20 Nov 2023

Financial grant In force

On 20 November 2023, the European Commission approved a EUR 5.6 billion (USD 6.12 billion) budget increase of a Spanish compensation scheme in favour of energy-intensive companies. W...

Related State Acts

16 Mar 2022

Spain: EUR 2.9 billion in compensation for offsetting the indirect costs of CO2 emissions of energy-intensive companies until 2030

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