Global Trade Alert
Global Trade Alert

Germany (Saxony): State aid for Lausitz Energie Kraftwerke AG's project related to the utilisation of renewable hydrogen

Announcement

04 Jun 2024

In June 2024, the Sächsische Aufbaubank, the Development Bank of the state of Saxony, approved a EUR 9.6 million financial grant to support Lausitz Energie Kraftwerke AG's "utilisation of renewable hydrogen at the Boxberg site" project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Jun 2024

Revocation date:

No revocation date

Updated: 04 Jun 2024
Financial grant In force

On 4 June 2024, the Sächsische Aufbaubank, the Development Bank of the state of Saxony, approved a EUR 9.6 million (USD 10.5 million) financial grant to energy company Lausitz Energi...

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