With the new rules on state aid, the EU renounces technological neutrality

The Temporary Crisis and Transition Framework that will be discussed in two days intends to support the competitiveness of European industry, protecting it from high energy prices and encouraging its contribution to the energy transition. A support that can reach up to 300 million euros

In two days, in the context of the special Council of EU heads of government, the Temporary Crisis and Transition Framework (TCTF), the new State aid Temporary Framework proposed by the European Commission. The latter intends to support the competitiveness of European industry by protecting it from high energy prices and encouraging its contribution to the energy transition. The aids treated are of two types. The “standard” aid such as direct transfers, subsidies, subsidized interest and public guarantees on loans and independent of the sector to which the beneficiary belongs. And then, aid to support the implementation of the RePowerEU plan. This second group includes support to cover additional costs deriving from exceptional increases in energy prices, subsidies for the reduction of electricity consumption, aid for investments in the production of electricity from renewable sources, for energy storage systems electricity, for the decarbonisation of industrial processes and for strategic sectors for the energy transition.