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.