Search keywords or phrase - FASI

‌

1results

State aid: new Temporary Crisis, Transition Framework and amendments to GBER Regulation

and the new Temporary Crisis and Transition Framework, the European Commission has proposed a set of changes to the State Aid rules to facilitate the green transition and boost investment in clean energy production in the EU. The new rules simplify the conditions for support for small projects and less mature technologies, such as renewable hydrogen, while protecting the level playing field in the single market and cohesion objectives. The amendments to the General Block Exemption Regulation introduce more flexibility by reducing the constraints for aid to strategic sectors for the green transition, from hydrogen to electric cars, and further limiting the cases that require prior notification to Brussels. The new rules also provide for higher aid ceilings and simplified aid calculations, as well as the possibility of counteracting the risk of investment relocation by providing the same level of support as in the alternative location or the amount needed to incentivize the company to locate the investment in the European Economic Area. The new rules are part of the European Green Deal industrial plan and a response to the U.S. Inflation Reduction Act. Once translated into all official EU languages, the revised GBER Regulation will be formally adopted in the coming weeks and then published in the European Official Journal to enter into force the following day.The European Commission has proposed a set of changes to the State Aid rules to facilitate the green transition and boost investment in clean energy production in the EU. The new rules, which include a revised General Block Exemption Regulation (GBER) and a new Temporary Crisis and Transition Framework, simplify the conditions for support for small projects and less mature technologies, such as renewable hydrogen, while protecting the level playing field in the single market and cohesion objectives. The Temporary Framework extends the existing Temporary Framework until Dec. 31, 2025, and amends it by introducing rules to facilitate support for the deployment of all renewable energy, energy storage, and investments that contribute to the decarbonization of industry. The GBER Regulation update introduces more flexibility by reducing the constraints for aid to strategic sectors for the green transition, from hydrogen to electric cars, and further limiting the cases that require prior notification to Brussels.

The new temporary state aid framework adopted by the Commission under the Green Deal Industrial Plan will allow the 27 to better support investments functional to the transition to a zero-emission economy and the Union's energy autonomy, in synergy with Brussels' changes to the General Block Exemption Regulation.

1 results

Active filters:

State aid: new Temporary Crisis, Transition Framework and amendments to GBER Regulation

and the new Temporary Crisis and Transition Framework, the European Commission has proposed a set of changes to the State Aid rules to facilitate the green transition and boost investment in clean energy production in the EU. The new rules simplify the conditions for support for small projects and less mature technologies, such as renewable hydrogen, while protecting the level playing field in the single market and cohesion objectives. The amendments to the General Block Exemption Regulation introduce more flexibility by reducing the constraints for aid to strategic sectors for the green transition, from hydrogen to electric cars, and further limiting the cases that require prior notification to Brussels. The new rules also provide for higher aid ceilings and simplified aid calculations, as well as the possibility of counteracting the risk of investment relocation by providing the same level of support as in the alternative location or the amount needed to incentivize the company to locate the investment in the European Economic Area. The new rules are part of the European Green Deal industrial plan and a response to the U.S. Inflation Reduction Act. Once translated into all official EU languages, the revised GBER Regulation will be formally adopted in the coming weeks and then published in the European Official Journal to enter into force the following day.The European Commission has proposed a set of changes to the State Aid rules to facilitate the green transition and boost investment in clean energy production in the EU. The new rules, which include a revised General Block Exemption Regulation (GBER) and a new Temporary Crisis and Transition Framework, simplify the conditions for support for small projects and less mature technologies, such as renewable hydrogen, while protecting the level playing field in the single market and cohesion objectives. The Temporary Framework extends the existing Temporary Framework until Dec. 31, 2025, and amends it by introducing rules to facilitate support for the deployment of all renewable energy, energy storage, and investments that contribute to the decarbonization of industry. The GBER Regulation update introduces more flexibility by reducing the constraints for aid to strategic sectors for the green transition, from hydrogen to electric cars, and further limiting the cases that require prior notification to Brussels.

The new temporary state aid framework adopted by the Commission under the Green Deal Industrial Plan will allow the 27 to better support investments functional to the transition to a zero-emission economy and the Union's energy autonomy, in synergy with Brussels' changes to the General Block Exemption Regulation.

;