An initial analysis of the key figures in the draft of the 2022 State Budget reveals that the budget item most directly related to energy management in the industry is the sum of 270 million euros allocated to the program for compensating indirect costs resulting from the implementation of the Emissions Trading System (179 million euros) and the Program for compensating electro-intensive consumers for costs related to the financing of renewables, high-efficiency cogeneration, and costs in island and extra-peninsular areas (91 million euros). These aids, according to the State Budget, will benefit 170 and 316 private companies, respectively.
Also directly linked to the energy management of the industry is the ‘Program to support innovation and sustainability plans.’ According to the State Budget, the General Secretariat of Industry and SMEs, within the industrial policy proposed by the European Commission and its Industrial Investment Support Framework, promotes financial support for the manufacturing industry, specifically for process, organizational innovation, and demonstrator projects. The strategic goal is for the industrial company to incorporate innovation as a continuous process within its normal operations by executing avant-garde projects that can lead to new processes and products in the short term, supporting the transformations currently undertaken by the industry through the incorporation of new equipment that bring technological improvements to industrial processes and advance toward the sustainability of industrial production.
Specifically, in this program, the draft budget foresees an investment of financial resources (loans) amounting to 23.6 million euros for circular economy and eco-innovation projects applied in value chains, as well as 35.4 million euros for decarbonization, energy efficiency, and new energy sources projects.
The sum of both budget items will amount to 329 millon euros, which accounts for 10.3% of the total resources allocated to Energy and Industrial Policy, all of which are under the purview of the Ministry of Industry, Commerce, and Tourism (MICYT). The details of these items can be found in Table 2.
 These allocations represent 20% and 30%, respectively, of a total of 118 million euros.
Detail of resources directly allocated to energy management in the industry in the draft of the 2022 State Budget (MICYT)
Millions of euros