Germany: EUR 5.3 billion budget increase of financial grant scheme partially compensating energy-intensive companies until 2030

Announcement

02 Jul 2024

In July 2024, the European Commission approved a budget increase of a German 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

02 Jul 2024

Revocation date:

31 Dec 2030

Updated: 02 Jul 2024

Financial grant In force

On 2 July 2024, the European Commission approved a budget increase of a state aid scheme from Germany, initially approved in August 2022 (see related state act). The scheme provides financial grants t...

Related State Acts

19 Aug 2022

Germany: EUR 27.5 billion in compensation for offsetting the indirect costs of CO2 emissions of energy-intensive companies until 2030

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