#52026AS121338EU approval of Austria’s 2025–2029 aid scheme for indirect ETS electricity costs
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
Austria can grant up to €900 million in direct support to energy-intensive companies to offset part of the electricity price increases linked to EU carbon trading costs for 2025–2029. The European Commission reviewed the scheme and raised no objections under EU State aid rules. The support is aimed at sectors such as metals, chemicals, paper, glass, textiles, batteries, fertilizers and other high-electricity-use manufacturing activities. Eligible companies may receive grants covering up to 75% of qualifying indirect ETS costs, with the scheme running until the end of 2030.
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Key Changes
- Approves Austria’s aid scheme for compensating indirect EU ETS electricity costs for 2025–2029
- Sets an overall budget of €900 million in direct grants
- Allows eligible energy-intensive sectors to receive support covering up to 75% of qualifying costs