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Electricity price compensation relieves industry and protects domestic location

Electricity price compensation relieves industry and protects domestic location
Vienna (OTS) –

“The Austrian Chamber of Commerce welcomes the step of the federal government to use the relief measures provided for in the European law and to support the domestic industry with a electricity prize costs compensation law for 2025/2026,” said Jochen Danninger, General Secretary of the Austria (WKÖ). The electricity price costs compensation law is intended to use the aid lines of the EU emission trade to avoid indirect carbon leakage. This is intended to prevent production shift or even emigration of companies in third countries.

Extension by 2030 essential for predictability

“For the planning security and competitiveness of the Austria location, it is essential that the SAG will be extended until 2030 beyond the intended period 2025/26-as enable the EU aid guidelines. Industry that needs to be avoided, ”emphasizes Danninger. There are currently not sufficient budgets in Austria.

Strengthening and securing the long -term industry and securing prosperity

“As positive as this first step is to be evaluated, there is still an acute need for action to support the domestic economy and to secure prosperity in Austria,” then concludes Danninger (PWK208/NIS)

Andreas Jilly
Chamber of Commerce Austria
Spokesman for the President and Secretary General
T 0590900 4462
E andreas.jilly@wko.at

OTS original text press release with the exclusive in terms of content of the sender – www.ots.at | PWK

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