Green hydrogen in the spotlight: everything you need to know about the new planned investment subsidy
The planned initiative aims at promoting the development and implementation of hydrogen technologies, thus making an essential contribution to the energy transition and to climate protection. Pursuant to the Austrian Renewables Expansion Act (EAG) that became effective in 2021, investment subsidies will be used to promote the constructions of new plants converting electricity to hydrogen […]
Do not miss a single chance: Important deadlines for funding applications for the Transformation of the Industry
We would like to remind you that the deadlines for the submission of funding applications within the climate and transformation offensive of the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology (BMK) are approaching. Important deadlines 19 September 2024: Submission deadline for investment funding – Transformation of the Industry; 31 October 2024: […]
Advancing sustainability: Funding opportunities for climate-friendly technologies
Transformation of the Industry The Austrian Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology (BMK) recently launched the second call for tenders for the Climate and Transformation Initiative to support the programme “Transformation of the Industry”. This funding programme is intended to support Austrian industrial companies in adopting climate-friendly technologies in their […]
The draft of the guideline and the FAQ on the energy cost subsidy II were published in the version dated 8 November 2023 on the homepage of Austria Wirtschaftsservice Gesellschaft m.b.H. (aws). The guideline applies subject to national agreement and approval by the European Commission under subsidies law, which is still pending. In the following […]
Energy cost subsidy II – advance registration and basis information
Already at the end of the year 2022, first details of the energy cost subsidy II were announced (please refer to our newsletter dated 3 January 2023). The relevant guideline itself has not yet been published and is currently subject to review by the European Commission (notification procedure). The approval is expected soon. According to […]
Companies, which were particularly affected by a significant increase in electricity prices in 2022, following the integration of greenhouse gas emission costs from European emissions trading, and which were exposed to the actual risk of carbon leakage, may apply for the electricity cost compensation 2022 at aws only until 30 September 2023. In our entry […]
The Austrian Parliament passed the Electricity Cost Compensation Act 2022 (“SAG 2022”) in order to provide relief to Austrian companies, which were particularly affected by a significant increase in electricity prices following the integration of greenhouse gas emission costs from European emissions trading, and which were exposed to the actual risk of carbon leakage in […]
Subsidy guideline for energy costs subsidy 1 – Q4 2022 and details on the lump-sum energy costs subsidy have been announced
Already at the beginning of the year, the National Council resolved to extend energy costs subsidy 1, which was originally planned to run until September 2022. Now the guideline has been published just in time for the start of the application period on 17 April 2023. More details have also been announced with regard to […]
First key points on the extension of energy costs subsidy 1 and energy costs subsidy 2
According to media information, at the end of 2022 the Austrian government has decided to extend the energy costs subsidy for energy-intensive companies (see also Newsletter dated 25 November 2022) until the end of 2022 and prolong it to 2023. This is intended to ensure the competitiveness of Austrian companies as well as to strengthen […]
Additional period for advance registration for the energy costs subsidy for companies
The period for the mandatory advance registration for the energy costs subsidy for the subsidy period February 2022 to September 2022 ended on 28 November 2022. The government announced an additional period for the advance registration in order to allow as many affected companies as possible to receive the energy costs subsidy. According to the […]
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