Provides grants to support the decarbonization of industrial production processes
09 Sep 2024
On 9 September, the Netherlands published the framework for calls for proposals for additional CO₂ reduction through electrification (Raamwerk voor oproepen tot voorstellen voor additionele CO₂-reductie middels elektrificatie). This initiative followed the European Commission’s decision of 25 July 2024 approving a €750 million State aid scheme to support the decarbonization of industrial production processes.
The scheme, which is open to companies operating industrial installations in the Netherlands, provides direct grants to encourage a reduction of greenhouse gas emissions by at least 40 per cent through process electrification. Beneficiaries are required to meet emissions reduction targets, cutting a minimum of 0.1 million tonnes annually by 2030. Projects are subject to safeguards, including a claw-back mechanism and restrictions on production capacity increases.
The scheme will run until December 2025 and aligns with the REPowerEU Plan and the Green Deal Industrial Plan, aiming to reduce reliance on fossil fuels.
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Type:
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Promotion and facilitation (Investment incentives)
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Industry:
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Not industry specific (SDG)
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Manufacturing
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Services (Electricity, gas, steam and air conditioning supply)
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Sources:
