Factsheet for measure
NL-2023-11/3207
–
Updated
– measures in Netherlands
Subsidy for companies to invest in technologies related to energy efficiency, recycling and reuse of water, local infrastructure and CO2-reducing measures
Versnelde klimaatinvesteringen industrie (VEKI)
Background information
The accelerated climate investment industry subsidy is for companies who want to implement existing, proven CO2-saving measures within their company or industry, but are running into excessive investment costs.
This grant scheme is one of the Top Sector Energy schemes from the National Grant Schemes of the Ministries of Economic Affairs and Agriculture. They support industrial research, experimental development and demonstration projects or combinations thereof, in order to contribute to the CO2 targets from the Climate Agreement and strengthen Dutch competitiveness.
Content of measure
This grant is for investments in devices, systems or techniques that are ready for the market. It is not for demonstration or pilot projects. Companies may apply for a grant to invest in technologies related to energy efficiency, recycling and reuse of waste, local infrastructure or other CO2 reduction measures. Technologies adopted must adhere to the general terms and conditions of the Top Sector Energy Regulations. Projects must be completed within three years of the subsidy being granted. Projects must result in the reduction of CO2.
The subsidy cannot exceed €80 per ton of CO2 reduction within 15 years of the technology installation. The total subsidy amount is €138 million. The maximum grant amount per company is €15 million. No money has been granted thus far.
Updates
The following updates to this measure have been made after it came into effect.
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25 July 2023
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The Accelerated Climate Investment Industry (VEKI) scheme now offers wider support for green investments. In addition to already existing projects, initiatives for the circular economy, hydrogen use and dedicated heat infrastructure are now also encouraged. With this, the VEKI is in line with the new possibilities offered by European state aid rules since 1 July 2023.
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Use of measure
In 2023, 43 projects have been committed with a total amount of €57.7 million. €50.7 million have been committed to large companies and 7.0 million euros to SMEs.
Target groups
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Workers
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Businesses
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Citizens
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Does not apply to workers
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Applies to all businesses
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Does not apply to citizens
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Actors and funding
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Actors
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Funding
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National government
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National funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Unknown
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Unknown
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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Unknown
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Main level of involvement: N/A
Involvement
No involvement known.
Views and reactions
No views known.
Sources
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01 June 2023: Versnelde klimaatinvesteringen industrie (VEKI)
(www.rvo.nl)
