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Image header Agence Europe
Europe Daily Bulletin No. 13452
Contents Publication in full By article 17 / 26
ECONOMY - FINANCE - BUSINESS / State aid

Commission approves €400 million Italian State aid scheme to decarbonise industrial processes

On Friday 12 July, the European Commission announced that it had authorised, under the State aid Temporary Crisis and Transition Framework, a €400 million Italian State aid scheme (SA.109439) designed to support the reduction of emissions from industrial processes by at least 40% and/or to reduce the energy consumption of these processes by at least 20% compared to today.

Under the scheme, the aid will take the form of direct grants and subsidised loans not exceeding €200 million per beneficiary and will be granted no later than 31 December 2025.

The measure will be open to investments supporting the replacement of fossil fuels by the use of ‘renewable’ hydrogen or fuels derived from ‘renewable’ hydrogen or by the electrification of industrial processes, as well as investments enabling improvements in the energy efficiency of industrial processes. (Original version in French by Émilie Vanderhulst)

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