Spain will offset CO ₂ emissions by 61 million

Specifically, the sector that receives the most aid is the steel steel industry, with 24 million euros, followed by the chemical sector, with a total of 11 million euros. Within the steel industry, the 8.79 million euros for Spanish Aluminum (Alcoa), the 5.445 million euros for Asturiana de Zinc, the bulk of aid for ArcelorMittal Spain, with just over four million euros for the factories of Asturias (Avilés and Gijón) and 1.29 million euros for the Olaberria factory, stand out. among others, or 3.13 million euros for Celsa.

According to the Secretary General of Industry and SMEs, Raül Blanco, with this call the Government “fulfills its commitment to support industrial sectors and strengthens the competitiveness of our electro-intensive industry, very sensitive to energy costs,” he said. The proposals are provisional and are subject to the possible allegations of the companies, as well as to the due response to the information requirements required in some cases.

At the end of the period of allegations, the cabinet led by Reyes Maroto will evaluate them and the information received and propose a definitive proposal for aid. The Government approved Royal Decree 1055/2014, of 12 December, which created the mechanism for offsetting the costs of indirect greenhouse gas emissions for companies in certain industrial sectors and subsectors that are considered exposed to a significant risk of carbon leakage, which was extended until 2020.

A total of 218 applications were received.

Within the deadline of the call, 218 grant applications were received corresponding to 175 companies, since some companies have several different facilities that can apply for the grant. The total maximum modified aid from these dossiers amounts to EUR 241,063 million resulting from applying the aid intensity rate of 75% to costs.

Currently, the available budget is EUR 61 million, which represents 25.3% of the maximum aid that could be granted under the Community guidelines. This budget is subject to the mandatory authorization by the Council of Ministers.

Source: Ecoticias