Valencia Institute for Business Competitiveness (Ivace), through its Energy unit, A total of 5.3 million Euros to facilitate the implementation of energy saving and efficiency measures in the industrial sector Community of Valencia
The aim of this program is to reduce energy consumption and thus carbon dioxide and other pollutant emissions, thereby improving air quality and respect for the environment.
These aids are intended for small, medium and large-scale companies in the industrial sector of the Community. Applications must be submitted by 30 June 2024..
That’s why Ivace supports initiatives that consider: investments in the replacement of equipment and facilitiesand auxiliary energy consuming systems, as well as other systems using high energy efficiency technologies.
Likewise, the implementation of energy management systems is supported by subsidies for analysis, regulation and control of computer systems, both for the application of the measurement level elements of energy consumption variables and for the establishment of regulation and control elements of process and application parameters. and for optimum functioning of industrial plants.
Subsidy rate for large companies is 35% of eligible cost Per project with a maximum limit of 1.5 million Euros per project. this percentage It can reach up to 45% for SMEs and up to 55% for small businesses.
It should be noted that energy efficiency has gained particular importance in the industrial sector. Concentrates 30% of all energy consumed in the Community of Valencia The energy bill also directly affects the competitiveness of our companies.
Ivace Energía manages these subsidies, whose funds come from the National Energy Efficiency Fund, generated by contributions from the electricity tariff, i.e. consumers, and created at the request of the European Union to help governments contribute to the energy transition.