(L-to-R) Marc Wagener, COO and Director of Training at the Chamber of Commerce; Tom Wirion, Director General of the Chamber of Trades; Franz Fayot, Minister of the Economy; Claude Turmes, Minister of Energy;
Credit: MECO
Luxembourg's Minister of the Economy, Franz Fayot, and the Minister of Energy, Claude Turmes have presented a new aid system for companies investing in electric vehicle charging infrastructure in the Grand Duchy; the objective of the aid scheme is to further stimulate the development of electromobility.
The aid scheme was approved at the Government Council meeting of 12 November 2021 and is intended to accelerate the deployment of a larger network of charging stations in Luxembourg.
There will be two types of aid:
1. The first type of aid, which benefits all companies regardless of their size, is awarded following a call for tenders to charging infrastructure projects accessible to the public or private sphere, whose carrying capacity is at least equal to to 175 kilowatts. The projects that are selected may benefit from a subsidy of up to 50% of the investments linked to the deployment of charging stations. A weighting ensures that the projects most accessible to the public are favoured in the selection procedure.
2. The second aid scheme is reserved for small and medium-sized enterprises (SMEs) and aims to facilitate their transition to electromobility as part of their economic activity. On request, SMEs can benefit from a subsidy of up to 50% of the costs related to charging stations and up to 60% of the costs related to connection to the electricity network. The aid is capped at €60,000 for the costs of connection to the electricity network and €40,000 for other costs linked to the deployment per company.
"The decarbonisation of transport is conditional on the existence of an efficient infrastructure of recharging points on the national territory. Luxembourg already has a very dense network of charging points. By allowing more players to benefit from subsidies for the establishment of charging infrastructures for electric vehicles, we are accelerating the development of electromobility", commented Minister Turmes.
Minister Fayot emphasised: "The new aid regimes encourage the deployment of charging infrastructures by companies which thereby contribute to the decarbonisation of transport and the development of electromobility in Luxembourg. Companies thus have additional leverage to support government efforts to achieve energy transition objectives".
