INDUSTRIAL DECARBONIZATION PERTE
The manufacturing industry in Spain contributed 11.3% to the national GDP, generating an added value of €136,251 million in 2021, representing 73.6% of the industrial added value. Despite its economic importance, this key sector in Spain is responsible for 21% of the total greenhouse gas emissions in the country. Its processes, predominantly focused on heat generation, depend heavily on fossil fuels, posing a significant challenge in terms of sustainability.
For this reason, the urgency to decarbonize its processes becomes a priority, aligning with the goal of achieving climate neutrality by 2050, as established in the Integrated Energy and Climate Plan (PNIEC) 2021-2030 and the Long-Term Decarbonization Strategy 2050.
In this context, the Industrial Decarbonization PERTE stands as a strategic tool with clear objectives.
A total mobilization of investments amounting to €11.8 billion is projected throughout the duration of the PERTE. From this budget, €3.17 billion will be contributed by the public sector, while €8.7 billion will come from private investments, distributed across four key action lines:
- Support lines for comprehensive decarbonization actions in the manufacturing industry.
- Support line endorsed by the European Commission for manufacturing companies participating in the Important Project of Common European Interest (IPCEI), focused on the renewable hydrogen industrial chain, following state guidelines on climate, environmental protection, and energy in 2022 (CEEAG in English).
- Study and evaluation for the development of a Fund to support carbon difference contracts and the implementation of a pilot project.
- Support for the development of new, highly efficient and decarbonized manufacturing facilities.
It is anticipated that the effective application of this budget will generate a series of significant positive impacts for the Spanish economy.