The electro-intensive industry will receive 244 million in aid

He ministerial council he authorized this Tuesday Ministry of Industry ask for help from the mechanism to offset the costs of indirect greenhouse gas emissions with 244 million euros. They will be received by electro-intensive industrial consumers to improve their competitiveness.

Minister of Industry, maroto kingswho will soon leave his post to focus on his candidacy for mayor of Madrid, said that since 2018 the Government has mobilized 662 million euros with the CO2 compensation mechanism, favoring 960 production plants.

This helpline benefited 53 facilities in Galicia between 2018 and 2022, which distributed 105.8 million euros, according to data provided by the Government Delegation in Galicia. In addition, within the framework of other lines of subsidies for the electro-intensive industry, 41 Galician factories in that sector received seven million euros.

Help for the whole of Europe

The European Commission allows each country to compensate industries in certain sectors or sub-sectors deemed to be at significant risk of carbon leakage for the costs associated with greenhouse gas emissions that are passed on to final prices current. The amount of support will be calculated taking into account the actual production and consumption of electricity in 2022, including capacity increases and production reductions that have occurred.

In addition, Reyes Maroto noted that the government has also expanded the sectors that could benefit from the €450 million line for gas-intensive industries, approved late last year, which now includes enamels, ceramics, pigments and textile finishes, among others. . At the press conference after the Council session, Maroto reminded that with this aid, “which will soon be able to reach the companies”, gas-intensive companies have the ICO-Ukraine line, worth 500 million, which offers special public support for this sector particularly affected by the increase in energy costs .