INTIEAGermany · Carbon contracts for difference schemePolicyIn force

Carbon contracts for difference scheme

The German government launched a Carbon contracts for difference scheme meant to incentivise the decarbonisation of  in energy-intensive industries. The carbon contracts for difference are designed to compensate offset the added cost induced by the adoption of low-carbon…

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Country / jurisdiction: Germany · Year: 2024 · Status: In force · Level: National · Type: Voluntary

The German government launched a Carbon contracts for difference scheme meant to incentivise the decarbonisation of  in energy-intensive industries. The carbon contracts for difference are designed to compensate offset the added cost induced by the adoption of low-carbon technologies over 15 years.

The European Commission approved a EUR 4 billion related State aid amounts under the State aid Temporary Crisis and Transition Framework to support measures in sectors which are key to accelerate the green transition and reduce fuel dependencies.

Official source: https://www.bmwk.de/Redaktion/EN/Pressemitteilungen/2024/03/20240312-first-round-of-carbon-contracts-for-difference-launched.html

Source

https://www.iea.org/policies/20400

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