Strategic Green Transition: 2000 Million Euro Boost for Industrial Decarbonization and Renewable Integration
Sara Aagesen has announced a substantial aid package totaling approximately 2000 million euros aimed at accelerating the green transition within the industrial sector and advancing sustainability initiatives.
This comprehensive package focuses on four key strategic axes: strengthening the industrial value chain, integrating renewable energy sources, boosting electric mobility, and promoting innovative thermal solutions for industrial and residential applications.
Funded primarily through the Recovery, Transformation and Resilience Plan (PRTR) and aligned with the European Union's state aid framework (CISAF), these initiatives will support projects well beyond the initial 2026 timeline, with some grants extending until 2028 and beyond, ensuring long-term impact.
In the industrial value chain, significant investments are planned for photovoltaic, wind, heat pumps, electrolyzers, and related components. Recent allocations included 300 million euros for twelve autonomous regional projects, with upcoming calls adding another 300-350 million euros. Infrastructure adaptation, especially port facilities to develop offshore wind and renewable technology, will receive dedicated funding, as will the ongoing hydrogen strategy with investments exceeding 3 billion euros.
Renewable integration efforts will continue to emphasize repowering schemes, with recent grants totaling 186 million euros for wind energy. Future calls, with a budget of around 300 to 350 million euros, will focus on wind combined with storage solutions and hydropower projects, including hydroelectric pumping stations. Complex projects like geothermics, ocean energy, and biogas also qualify for extended funding timelines, subject to European approval.
Mobility initiatives will see targeted investments through the new Moves programs, with 150-200 million euros allocated for charging infrastructure along major corridors and 50 million for electrifying logistics fleets, ensuring a robust transition to electric transportation.
The thermal solutions segment includes two main lines: one promoting the electrification of cogeneration systems currently reliant on fossil fuels, with funding between 40 to 75 million euros, and a second supporting the development of district heating and cooling networks, with allocations around 35 million euros. These measures will facilitate energy savings and emissions reduction in the industrial and residential sectors.
Overall, this multifaceted aid package aims to transform the energy landscape, reinforce the competitiveness of Europe's industry, and serve as a model for sustainable development, driving forward the green economy while meeting climate targets.