Announcement
04 Jun 2024
In June 2024, the Sächsische Aufbaubank, the Development Bank of the state of Saxony, approved a EUR 18.5 million financial grant to support Lausitz Energie Kraftwerke AG's "storage 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 18.5 million (USD 20.1 million) financial grant to energy company Lausitz Energ...
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Related State Acts
04 Jun 2024
Germany (Saxony): State aid for Lausitz Energie Kraftwerke AG's project related to the utilisation of renewable hydrogen
04 Jun 2024
Germany (Saxony): State aid for Lausitz Energie Kraftwerke AG's project related to the construction of energy storage facility
30 Sep 2022
Germany: Introduction of EUR 450 million state aid measure to support lignite-fired power plants
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