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Schweitzer sees signal for economic recovery

Schweitzer sees signal for economic recovery

In this image there are poles, light, buildings, vehicles on the road, iron grills, trees,...
In this image there are poles, light, buildings, vehicles on the road, iron grills, trees, sculpture, sky.

Schweitzer sees signal for economic recovery - Schweitzer sees signal for economic recovery

The European Commission has widened state aid for energy-heavy industries in Rhineland-Palatinate. More sectors will now receive electricity price compensation, starting from 2026. State Premier Alexander Schweitzer called the decision a major step forward in cutting industrial energy costs.

From 2026, organic chemistry, glass production, and battery cell manufacturing will join the list of industries eligible for electricity price relief. These sectors will benefit from the expanded scheme, which offsets costs linked to the EU’s CO₂ emissions trading system.

For industries already receiving support—such as steel and chemicals—the share of electricity costs covered will increase. Instead of 75%, they will now have 80% of their eligible expenses compensated. The EU Commission approved the changes to strengthen industrial competitiveness. Officials aim to prevent companies from moving operations abroad due to high energy prices. Schweitzer described the move as a 'milestone victory' for cheaper industrial electricity and a boost for economic recovery in the coming year.

The updated scheme will take effect in 2026, covering more sectors and offering greater relief to existing beneficiaries. Steel and chemical producers will see their compensation rise from 75% to 80% of eligible electricity costs. The changes are designed to keep industries competitive while reducing the risk of relocation.

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