Global Trade Alert
Global Trade Alert

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

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

20 Nov 2023

Revocation date:

No revocation date

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. With that change, t...

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