The EU Commission approves a €1.4B Czech scheme to partially compensate energy-intensive companies for higher electricity prices as a result of indirect emission costs

State aid: Commission approves €1.4 billion Czech scheme to compensate energy-intensive companies for indirect emission costs* The European Commission has approved, under EU State aid rules, a Czech scheme to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs under the EU Emission Trading System (‘ETS'). Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €1.4 billion measure will allow Czechia to reduce the risk of carbon leakage for its energy-intensive industries. At the same time, the incentives for a cost-effective decarbonisation of its economy will be maintained, in line with the Green

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  • European Commission - DG COMP (Brussels)

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European Commission, The EU Commission approves a €1.4B Czech scheme to partially compensate energy-intensive companies for higher electricity prices as a result of indirect emission costs, 16 March 2022, e-Competitions March 2022, Art. N° 105783

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