In March 2023, the European Commission has approved a new €1.4 billion Dutch scheme. The point is to support energy-intensive small and medium-sized enterprises facing increased energy costs in the context of Russia’s war against Ukraine. The scheme was approved under the State aid Temporary Crisis and Transition Framework to foster support measures in sectors which are key to accelerate the green transition and reduce fuel dependencies.
The Netherlands notified to the Commission, under the Temporary Crisis and Transition Framework, a €1.4 billion scheme to support energy-intensive SMEs facing increased energy costs in the context of Russia’s war against Ukraine.
The purpose of the scheme is to cover part of the increased costs of natural gas and electricity and to mitigate their impact on those companies currently unable to cope with them. It will be available for:
Credit or other financial institutions are excluded from the scheme. Each potential beneficiary will be entitled to receive an aid amount covering 50% of the eligible costs, up to a maximum of €160,000.
In more detail, the aid:
On 9 March 2023, the Commission adopted a new Temporary Crisis and Transition Framework to foster support measures in sectors which are key for the transition to a net-zero economy, in line with the Green Deal Industrial Plan. Together with the amendment to the General Block Exemption Regulation (‘GBER’) that the Commission endorsed on the same day, the Temporary Crisis and Transition Framework will help speed up investment and financing for clean tech production in Europe. It will also assist Member States in delivering on specific projects under National Recovery Plans which fall within their scope.
The new Framework amends and prolongs in part the Temporary Crisis Framework, adopted on 23 March 2022 to enable Member States to use the flexibility foreseen under State aid rules to support the economy in the context of Russia’s war against Ukraine. The Temporary Crisis and Transition Framework provides for the following types of aid, which can be granted by Member States:
Measures particularly important to accelerate the green transition and reduce fuel dependencies will be in place until 31 December 2025. This concerns in particular measures accelerating the rollout of renewable energy and energy storage, measures facilitating the decarbonisation of industrial processes and measures to further accelerate investments in key sectors for the transition towards a net-zero economy.
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