The European Commission has approved, under EU State aid rules, an amendment to an existing Italian guarantee scheme, including an up to €3 billion budget increase, for the reinsurance of natural gas and electricity trade credit risk in the context of Russia\'s war against Ukraine.
The European Commission has approved, under EU State aid rules, a €55 million German measure to support ArcelorMittal Hamburg in building a demonstration plant for the production of green steel using renewable hydrogen.
The European Commission has approved, under EU State aid rules, a €460 million Spanish measure to support ArcelorMittal España in partially decarbonising its steel production processes.
The European Commission has approved, under EU State aid rules, a €259 million Romanian scheme, made available in part through the Recovery and Resilience Facility (RRF), to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels.
The European Commission has approved, under EU State aid rules, a €170 million Danish scheme to support the production of renewable hydrogen through Power-to-X (‘PtX\') technologies.