Public investment totaling 3,100 million euros will unlock up to 11,800 million euros in total funding to boost the sector’s competitiveness by about 10%, create around 8,000 jobs, and cut approximately 13 million tons of CO2 emissions each year.
The initiative is described as a strategic move to modernize the industry and support the ecological transition. Industry, Trade and Tourism Minister Reyes Maroto emphasizes advancing renewable energy adoption, lowering industrial natural gas use, safeguarding the environment, and steering toward a circular economy.
Key lines of action focus on decarbonizing production processes, raising energy efficiency, and enhancing the manufacturing sector’s competitiveness. The plan aims to strengthen energy security in Spain, promote renewable energy and by‑products, and integrate recycling into broader operations while creating high-value employment.
Comprehensive performance aids will be offered, including a study and evaluation as part of a decarbonization support fund. Subsidies and carbon difference contracts will target manufacturing companies participating in the European renewable hydrogen industrial chain. The pilot will support the development of new high‑efficiency, decarbonized production facilities and encourage R&D+i, a Carbon Fund for a Sustainable Economy, financing through ICO, the Productive Industrial Investment Support Fund, and the National Energy Efficiency or Active Industry 4.0 programs, among others.
The beneficiaries include sectors such as non-metallic mineral products (ceramics, cement, glass, and similar materials), the chemical industry, oil refining, metallurgy, and the pulp and paper sector.