#52026AS120495EU approval of German industrial electricity price relief scheme
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Germany can provide direct grants to electricity-intensive and trade-exposed companies to reduce industrial electricity costs for billing years 2026 to 2028. The European Commission reviewed the state aid measure and raised no objections. The scheme has a total budget of EUR 3.8 billion and mainly targets heavy industry, mining, chemicals, metals, glass, ceramics, paper, textiles, food processing, and other power-intensive manufacturing sectors. Eligible companies should monitor BAFA guidance and application rules, as support will run under the approved scheme through 2030.
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Key Changes
- Approves a German direct grant scheme to lower electricity costs for energy-intensive and trade-exposed companies
- Sets an overall budget of EUR 3.8 billion for the industrial electricity price relief scheme
- Covers billing years 2026 to 2028, with the approved measure running until 31 December 2030