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State Aid to Industry

The CG EU Energy Disruption Resource Center-Section Breaks-Stone-1200x150



State Aid EU Response to the Energy Crisis Through State Aid Measures 


January 2023:

  • EU Commission’s Vestager proposes change to state aid rules

November 2022: 

  • Communication from the Commission Temporary Crisis Framework for State Aid measures to support the economy following the aggression against Ukraine by Russia

October 2022:

  • LEAK: EU Commission to allow more state aid to support businesses | EURACTIV

September 2022: 

  • Europe burns cash to help businesses in energy crisis | Reuters

  • France Asks EU to Raise State Aid Caps for Firms Facing Energy Crisis | Bloomberg

  • Brussels aims to relax state aid rules to ease energy sector cash crunch | Financial Times (ft.com)

 

 

 

 

 

 

 

 

  • The Cleary Gottlieb EU Energy Disruption Resource Center
  • Restrictions / Redistribution of Extraordinary Profits on EU Energy Companies Arising From the Energy Disruption

    Restrictions / Redistribution of Extraordinary Profits on EU Energy Companies Arising From the Energy Disruption

    • Caps on Revenues of EU Companies Producing Electricity With Low-carbon Sources
    • Redistribution of Profits / Taxation of EU Fossil Fuel Companies
    • Retail Prices Discounts in Favour of Consumers
  • State Aid to Industry

    State Aid to Industry

    • Temporary Framework
    • Aid Schemes Approved
  • Managing and Ensuring Security of EU Gas Supplies

    Managing and Ensuring Security of EU Gas Supplies

    • Reliable Suppliers and Diversification of the Sources of Gas and Oil Supply to the EU
    • New EU Import Infrastructure
    • EU Minimum Filling Storage Obligation
  • Diversifying the EU's Energy Mix

    Diversifying the EU's Energy Mix

    • Long-term Intervention: Investments in Renewable Sources
    • Short-term Intervention: Reducing/Capping Gas Consumption
    • Short-term and Long-term Intervention: Coal-fired and Nuclear Power Plant Revamp
    • Fast-track Permit-granting Process for Renewable Energy Projects
    • Investor-state Arbitration in the Energy Sector Likely as Green Transition Accelerates
  • Mechanisms to Lower the Prices of Gas

    Mechanisms to Lower the Prices of Gas

    • Resolving Oil & Gas Disputes Through Arbitration
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