FI Group has recently published the second Report on Public Financing in relation to the last tax aid and news of the second quarter of 2022 at the national level. Next, we review some of them:
REPower EU Plan
This is the plan to end the EU’s dependence on Russian fossil fuels. REPowerEU is the EU’s response to the difficulties and disturbances in the world energy market caused by the war in Ukraine. Through the implementation of this plan, energy savings, supply diversification and the accelerated deployment of renewable energies are sought.
Aid for comprehensive actions in the electric vehicle industrial chain
The General Directorate for Industry and Small and Medium Enterprises has formulated the proposal for a provisional resolution of the procedure for granting aid for comprehensive actions in the industrial chain of electric and connected vehicles.
Everything is framed within the strategic project for economic recovery and transformation in the electric and connected vehicle sector (PERTE VEC), within the framework of the Recovery, Transformation and Resilience Plan.
naval PERTE
The naval PERTE will amount to 1,460 million euros, of which 310 million euros will correspond to the public sector. This new PERTE will have digitization and sustainability as central axes.
Different objectives are intended to be achieved; among them, increasing the weight of the naval industry, the diversification of the naval industry (marine renewable energies), the digitization of the value chain, as well as the training and qualification of workers in the naval sector.
The governance of the project will be carried out by the Ministry of Industry, Commerce and Tourism. PERTE is among the government’s priorities for 2022 and has already aroused the interest of more than 100 entities, 16 shipyards, 65 supply chain companies and 20 universities and technology centers awaiting your prompt approval.
PERTE agri-food
The agri-food PERTE is conceived as a comprehensive initiative on the value chain of the agribusiness sector with one goal: the creation of the necessary ecosystem to promote the development, digitization and modernization of the agri-food industry. It is expected to be published in November.
To achieve this objective, an initial public investment of 1,000 million euros was budgeted until 2023, although an additional 800 million euros were subsequently announced for the transformation of the agri-food industry and the improvement of water management and the modernization of irrigation.
Semiconductor PERTE
The so-called PERTE chip has a budget that will amount to 12,250 million euros of public investment in the 2022-2027 period, thus being considered the largest PERTE of those announced by the Government.
Semiconductor PERTE is expected to have an impact in areas such as integrated photonicsquantum computing, the clean room network, the automotive sector, the industrial automation sector, aeronautics or telecommunications, among others.
IPCEI Hy2Tech
The European Commission has approved the allocation of 5,400 million euros for the ‘IPCEI Hy2Tech’ project. The objective is to develop
the innovative european industry and sustainable development of hydrogen, as well as the entire value chain of hydrogen technology.
The project has been jointly prepared by fifteen member states: Germany, Austria, Belgium, the Czech Republic, Denmark, Slovakia, Spain, Estonia, Finland, France, Greece, Italy, the Netherlands, Poland and Portugal.
The member states will contribute, through public financing, up to 5,400 million euros, as aid, for the
implementation of the IPCEI. 41 projects will be managed and carried out in 35 companies.
