CISAF: Bulgarian, German and Slovenian State aid schemes providing temporary electricity price relief for energy-intensive companies approved
The Commission has approved State aid schemes in Bulgaria, Germany and Slovenia to provide temporary electricity price relief for energy-intensive industries, in line with the objectives of the Clean Industrial Deal. The measures (worth EUR 334 million, EUR 3.8 billion and EUR 90 million respectively) aim to support companies facing high electricity costs while mitigating the risk of relocation to jurisdictions with less stringent environmental standards. The schemes will operate for up to three years.
The national schemes differ in implementation, with Bulgaria providing support through reductions in electricity bills, Germany granting aid ex post based on actual consumption and market prices, and Slovenia distributing aid biannually based on expected consumption.
The Commission approved the schemes under the Clean Industrial Deal State Aid Framework (CISAF), concluding that the measures are necessary, appropriate and proportionate to support industrial competitiveness while accelerating the transition to a net-zero economy.
For more information, see the Commission’s PR.