The European Union has agreed on financial support for operators using electric traction
The European Commission has validated a €1.1 billion bailout the German government intends to provide to electric rail operators to reduce their costs from rising electricity prices. It is reported by Railway Supply magazine with reference to zdmira.
The decision of the European Commission notes the need to maintain the competitiveness of rail transport and the importance of electric traction in terms of achieving the goals of sustainable mobility and decarbonization.
ERA calls for removal of technical barriers to reduce travel time across European borders
The German initiative covers freight and passenger transport by electric trains. Some of the electricity costs for train traction, which have risen sharply as a result of the energy crisis, will be reimbursed by the state, with the compensation going to energy companies, which will set lower tariffs for transport operators. This support will be valid throughout 2023.
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