On Friday 6 October, the European Commission announced that it had authorised a Czech scheme, notified under the Temporary Crisis and Transition Framework (see EUROPE 13138/1), worth around €2.5 billion (CZK 60 billion) to support the energy transition.
The aim of the measure is to help manufacturing companies subject to the European Emissions Trading System to decarbonise their production processes, with the aim of reducing the greenhouse gas emissions generated by these processes by at least 40%. On the other hand, the aim of the measure is to help these companies, which are often major energy consumers, to improve their energy efficiency by helping them to reduce their energy consumption by at least 20%.
The scheme will be financed by the Modernisation Fund.
To benefit from the measure, companies seeking to reduce their greenhouse gas emissions will have to electrify their production processes or switch from fossil fuels to so-called renewable hydrogen or fuels derived from so-called renewable hydrogen.
The aid, granted by 31 December 2025 at the latest, will be capped at €200 million or 10% of the total budget of the scheme per beneficiary, except for projects concerning refining activities and the production of metals, for which individual amounts of up to 20% of the total budget of the scheme may be envisaged. (Original version in French by Émilie Vanderhulst)