Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure LU-2022-38/2758 – Updated – measures in Luxembourg
Country | Luxembourg , applies nationwide |
Time period | Temporary, 15 September 2022 – 31 December 2025 |
Context | Green Transition |
Type | Legislations or other statutory regulations |
Category |
Promoting the economic, labour market and social recovery
– Support for spending, stimulus packages |
Author | Fanny Robert (LISER) |
Measure added | 17 August 2022 (updated 09 October 2022) |
Luxembourg has endorsed objectives to reduce, by 2030, its greenhouse gas emissions by 55% compared to 2005 in its integrated plan for energy and for the period 2021-2030 and with an emphasis on the decarbonisation of transport. In addition to the aid scheme set up by the Grand-Ducal regulation of 19 August 2020 for private individuals wishing to install charging stations at their place of residence, this draft law introduces three additional aid measures for companies which aim to provide Luxembourg with the charging infrastructure required to enable the transition to electromobility based on a 100% renewable electricity supply.
The purpose of the project is to financially support companies that invest in charging infrastructure for electric vehicles. it introduces three financial aids:
The total budget foreseen is €40 million and may be allocated according to demand from companies. The annual budget thus amounts to €10 million between 2022 and end of 2025.
The following updates to this measure have been made after it came into effect.
26 July 2022 |
On 26 July 2022, the Chamber passed a new law on the aid scheme for companies investing in charging infrastructure for electric vehicles. |
15 July 2022 |
On 7 July 2022, the Deputy chamber adopted the law which provides for an aid scheme in the context of the greenhouse gas emission allowance trading system for the period 2021-2030. The budget allocated to this scheme each year is €50 million, or €500 million over 10 years. Only companies registered in the ETS (for "emissions trading system") will be able to benefit from this aid. Around ten companies are therefore concerned, including ArcelorMittal, Guardian, DuPont de Nemours and Cimalux. |
All companies of private sector are concerned by theses measures.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers | Applies to all businesses | Does not apply to citizens |
Actors | Funding |
---|---|
National government
|
National funds
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement | No involvement |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
No involvement of social partners at this stage.
No involvement of social partners at this stage.
Citation
Eurofound (2022), Bill on financial aid for companies investing in charging infrastructure for electric vehicles, measure LU-2022-38/2758 (measures in Luxembourg), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/LU-2022-38_2758.html
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