The Commission is consulting Member States on a proposal to transform the Temporary Crisis Framework (“TCF”) into a Temporary Crisis and Transition Framework (“TCTF”) to facilitate and accelerate Europe’s green transition. The TCF lays down the conditions for Member States to support the economy in the context of Russia’s war against Ukraine in line with the state aid rules. The proposal for a TCTF is presented as part of the new Green Deal Industrial Plan as a contribution to ensuring faster access to funding for companies operating in the Union.
The proposal intends to include the possibility to support the deployment of all renewable energy sources, to encourage investments leading to significant emission reductions by providing for higher aid ceilings and simplified aid calculations, and to grant aid more easily to less mature technologies such as renewable hydrogen.
In order to bridge the productive investment gap in sectors strategic for the green transition, the Commission also proposes to allow support from Member States for the production of batteries, solar panels, wind turbines, heat-pumps, electrolysers and carbon capture usage and storage as well as the related critical raw materials necessary for the production of such equipment.
The TCTF will be adopted in the coming weeks taking into account the feedback from Member States. The provisions proposed would be in place until 31 December 2025.
For further information: Commission’s press release