Green subsidy rules relaxed in the EU
The European Commission has adopted temporary state aid rules, partly in response to the US Inflation Reduction Act.
The new Temporary Crisis and Transition Framework gives Member States increased opportunities to contribute to projects that are beneficial for the green transition. These include (a) production and storage of renewable energy; (b) investments in industrial decarbonisation solutions; and (c) production of strategic equipment for the net zero economy. The opportunity to receive financing under this framework applies until 25 December 2023.
For more information, please contact:
Anton Lundmark, Senior Associate
+46 709 777 364, anton.lundmark@msa.se
Freija Haas, Associate
+46 709 777 085, freija.haas@msa.se
