Many chemical companies can reduce their electricity costs through support schemes, but are not making full use of the available funding opportunities. Complex guidelines, tight deadlines and stringent documentation requirements make it difficult to implement electricity price compensation and the industrial electricity tariff. At the same time, errors in the application process or documentation can result in subsidy entitlements being lost in whole or in part.
In our paper “Electricity Price Compensation and the Industrial Electricity Tariff in the Chemical Industry”, we provide a concise summary of the key regulations. Using specific examples, we demonstrate for which production areas these schemes are particularly relevant. Furthermore, the differences between electricity price compensation and the industrial electricity price are explained, and attention is drawn to deadlines, documentation requirements and typical pitfalls. You will receive concise and well-founded guidance for upcoming funding and investment decisions.
