Generous subsidies for industries under EU ETS scheme
The State Environmental Fund of the Czech Republic has announced ENERG ETS No. 1/2024, a new call under the Modernisation Fund focusing on the modernisation of energy sources and production or processing facilities in industries under the EU ETS scheme. Overall, this particular modernisation aims to increase the efficiency of energy sources, reduce energy consumption, and reduce emissions.
Companies under the EU ETS scheme can apply for support from 15 July to 15 November 2024 for investments in production that reduce overall energy consumption in industrial installations by at least 20% or greenhouse gas emissions by at least 40%.
The call is intended for entities operating facilities subject to the EU ETS scheme in the territory of the Czech Republic. Funds for allocation are a generous CZK 15 billion. Large businesses can receive support of up to 40% of eligible costs, up to a maximum of CZK 6 billion per project, which must be completed within three years.
Eligible costs include capital expenditure in the form of construction work, supplies of technology or services related to the subject of the aid, as well as costs for technical and author supervision, including OSH, costs for mandatory publicity, etc. Supplies that are to be included in the application for support must be awarded through tenders in accordance with the Public Procurement Act (Act on Public Contracts) / rules for the selection of suppliers.
When submitting their applications, applicants must provide, among other things, emissions and energy assessments requiring, e.g., data on the applicant's energy intensity and emissions over the last five years. On its website, the Ministry of the Environment published a sample model of the required description of the investment and a tool for calculating the aid intensity, titled Model for Determining the Subsidy Amount – the Ministry of the Environment of the Czech Republic.
If you are interested in more detailed information, please do not hesitate to contact us. We will be happy to discuss with you your planned modernisation and its chances for obtaining this type of support.