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ARTICLE · 05 OCTOBER 2022

Energy And Environmental Challenges For Undertakings: Available State Aid

Arendt & Medernach
Arendt & Medernach
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Arendt & Medernach

Arendt & Medernach

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The first two regimes help undertakings impacted by the long-running conflict in Ukraine, in particular those affected by the rise in energy prices.

European UnionEnvironment

ON 15 JULY 2022, IN RESPONSE TO THE RISE IN ENERGY PRICES CAUSED BY THE WAR IN UKRAINE ON THE ONE HAND, AND TO THE PUSH FOR STRONGER ENVIRONMENTAL PROTECTIONS ON THE OTHER, LUXEMBOURG ADOPTED THREE NEW STATE AID REGIMES TO SUPPORT UNDERTAKINGS BASED IN THE COUNTRY.

The first two regimes help undertakings impacted by the long-running conflict in Ukraine, in particular those affected by the rise in energy prices.

The third regime is being run in connection with the greenhouse gas emissions allowance trading system for the period 2021 to 2030. It is in line with the EU industrial strategy to decarbonise energy-intensive sectors and with the EU greenhouse gas emissions trading system. This emissions trading system (“ETS”) State aid scheme will join the existing State aid measures in the environmental field included in the law of 15 December 2017.

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