More electrification and less renewables?

Source Summary

The Ministry of Industry presented this Tuesday a subsidy program to encourage the energy efficiency of industrial sectors (600 million euros in aid) and promote electric cars (400 million euros in aid, via the Autoplus call). The objective is for reindustrialization to go hand in hand with energy transition. According to data from the last month, the sale of electrified vehicles in Spain accounted for 23% of the total. All subsidies, both for cars and companies, will be retroactive to January 1st. And to certify the decarbonization aid for industry, actions from the last three years can be taken into account. Measures like these are being implemented by all European states. No one wants to be left behind.