The objective of the aid is to compensate German undertakings operating in energy-intensive sectors for the higher electricity cost they experience under the ETS scheme, with the twofold ultimate goals of: -) promoting the international and European climate protection targets by: (i) preventing a global increase of GHG by reducing the electricity costs related carbon leakage risks and (ii) minimising the direct and indirect emissions intensity of production processes by supporting investments in energy efficiency and low carbon technology; 2) ensuring the competitiveness of the funded (sub)sectors in the international market, securing jobs and avoiding an investment leakage in these sectors.
