Global Trade Alert
Global Trade Alert

Austria: Wien Energie GmbH gets EUR 17.4 million grant from the EU's Innovation Fund

Announcement

26 Feb 2025

In February 2025, the European Commission provided a financial grant to Wien Energie GmbH for the “Large-Scale Underground Tank Thermal Energy Storage as a Key Technology for Sustainable District Heating Systems” project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Feb 2025

Revocation date:

No revocation date

Updated: 13 Jun 2025
Financial grant In force
On 26 February 2025, the European Commission approved a EUR 17.4 million (USD 18.3 million) financial grant for Wien Energie GmbH. The grant was provided for the company’s involvement in the “Large-Sc...
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