The European Commission has approved two energy related schemes from Poland and Czechia totalling €3.7bn. The Commission has approved a €2.5bn (CZK60bn) Czech scheme to help manufacturing companies decarbonise their production processes and improve their energy efficiency to foster the transition to a net-zero economy. Under this scheme, which will be funded through the EU Modernisation Fund, the aid will take the form of direct grants to support companies subject to the EU ETS. The purpose of the scheme is to help these industries reduce greenhouse gas (GHG) emissions from their production processes by at least 40% and their energy consumption by at least 20% compared to today. The Czech Scheme will be granted no later than 31 December 2025.
The European Commission has also approved a a €1.2bn (PLN5.5bn) Polish scheme to support energy-intensive companies facing increased energy costs in the context of Russia's war against Ukraine. Under this measure, the aid will also take the form of direct grants. The purpose of the scheme is to cover additional costs due to exceptional increases in energy prices linked to the current geopolitical crisis. The measure will notably be open to energy-intensive companies active in industrial production sectors, such as mining, quarrying and manufacturing. The aid will be granted before 31 December 2023 as advance payment to energy-intensive companies active in particularly affected sectors, and before 31 March 2024 to energy-intensive company active in industrial production sectors after an ex-post verification.
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