Brussels on March 23 this year, what happened to the epidemic? Now online with you wintering kit Community Executive advocating for gas consumption reduction It opens its hand further and aims to allow States to grant State aid for the deployment and production processes of renewable energies. industrial decarbonisation. It will also allow subsidies for these in certain circumstances that will be reviewed “on a case by case” basis and will be subject to “conditions”. gas installations converted to “more polluting” fuels before winter or affected companies mandatory or voluntary gas restrictions, to encourage the filling of the gas tank “to the extent that the market does not offer incentives to do so” and to support companies in providing insurance or reinsurance Transport of goods to and from Ukraine.
In the case of both demand and storage restrictionsAlthough Brussels will examine each case, “competitive process based on transparent criteria contracting voluntary demand reduction volumes”; no formal restrictions on cross-border trade; limiting incentives to “future reductions in demand” Going beyond what the beneficiary would have undertaken regardless of the measure” and “immediate reduction of the total final gas demand in the Member State, but avoiding mere displacement of natural gas demand”.
This is reflected in the European Commission’s amendment to its anti-crisis package, which it released this Wednesday. ” Russia’s unjust war against Ukraine It continues to make losses, including the European Union economy. the situation is serious and we must concentrate our efforts. phasing out fossil fuels what we’ve been so addicted to until now. With today’s change, we will help accelerate the decarbonisation of industries as well as the diffusion of renewable energy in line with the objectives of REPowerEU”, said Vice-President of the Commission and Commissioner for Competition, margrethe vestager.
Renewables assistance is geared towards photovoltaic and wind projects, but also includes: renewable hydrogen, biogas and biomethane, storage and renewable heat, even through heat pumps. Subsidies to electrify and use technologies using renewable hydrogen in industry will be allowed as long as they are allowed. 40% reduction greenhouse gas emissions from industrial activities currently dependent on fossil fuels as a source of energy or raw materials or if the reduction is 20% energy consumption in industrial activities and processes.
In both cases, the way these benefits are given is “direct grants, reimbursable advances, loans, guarantees or tax benefits” and will be issued according to a “budget and volume estimate” plan. can be given Until 30 June 2023 and facilities must be completed and in working order. twenty four months from the date of the grant or thirty months in certain cases (eg offshore wind and hydrogen).
In case of non-compliance with the deadlines, companies will have to refund 5% of the monthly amount after the first three months of delay, increasing to 10% after the sixth month. In addition, tax benefits and assistance per company and project do not exceed 20 million euros, and the beneficiaries small projects, however, in this case the amount cannot exceed 45% of the total cost of the investment.
On the other hand, the Commission also changes the temporary framework in this amendment. Expanding the support that Member States have been able to offer businesses so far seen affected by the impact of war, sanctions or counter-sanctions against Russia by increasing the amount From 400,000 Euros in March up to 500.000 Euro. In the case of companies in the agriculture, fisheries and aquaculture sectors, aid will increase from 35,000 euros to 62,000 and 75,000 euros, respectively, in March.
and the protection it can provide companies suffering from rising gas and electricity costs In recent months, it has been noted that, as with large energy consumers, assistance may reach its maximum. 70% of gas and electricity consumption 80% of the beneficiary and 80% of the losses suffered in the same period of the previous year, up to the limit of 25 million euros.