Package of measures for energy-intensive companies
A targeted package of measures for energy-intensive companies was adopted by the federal government on 8 April 2022, known as the Energy Intensive Industry Grant Scheme (EKDP). It encompasses an Energy Cost Mitigation Programme worth EUR 5 billion for energy- and trade- intensive companies as well as federal guarantees for loan programmes and other guarantees without a direct impact on the budget.
With this program, the federal government subsidizes a proportion of the additional natural gas and electricity costs from February to September 2022, provided that the price has more than doubled compared to the average price in 2021. The Scheme was later extended from September 2022 to 31 December 2022. Subject to the approval of the European Commission, the companies previously eligible to apply can be funded for the entire funding period from February 1 to December 31, 2022.
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