Veyt updates analytical coverage on state aid for reduced electricity levies of energy-intensive companies. Relevant to the GO and Power Purchase Agreement (PPA) markets through the 30 % carbon-free electricity sourcing criterion, we provide data on the number of beneficiaries/installations per country and the compensation, where data is available.

Over 6,500 companies received state aid for reduced electricity levies in 2023, contributing to rising demand for bundled and unbundled Guarantees of Origin (GO) in the EU. State-aid receiving companies form a solid industrial demand base for GOs and can be expected to drive demand for renewable electricity until the end of this decade.