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The EU Commission approves a Romanian scheme worth €1.5B to compensate energy-intensive companies for indirect emission costs

State aid: Commission approves €1.5 billion Romanian scheme to compensate energy-intensive companies for indirect emission costs* The European Commission has approved, under EU State aid rules, a Romanian 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 €1.5 billion scheme supports Romania in its ambition 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 Deal objectives, and undue competition distortions will be limited.” The

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European Commission, The EU Commission approves a Romanian scheme worth €1.5B to compensate energy-intensive companies for indirect emission costs, 12 September 2022, e-Competitions Preview, Art. N° 108738

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