An Economic Injection for the Town Councils
The recent Nuclear Transition Fund has given the green light to a total of 433 projects that will be implemented in several municipalities located near nuclear power plants. This initiative not only seeks to revitalize the local economy, but also promises to create more than 200 new jobs and give life to 91 new companies.
Financing and Future Perspectives
The Secretary of Enterprise and Competitiveness, Jaume Baró, revealed that payments of 53 million euros will be made this November, corresponding to the second part of the 2023 funds, which have a total of 83 million euros allocated. For 2025, a similar distribution is expected, with around 80 million available for new initiatives.
Details on the Planned Actions
Of the 433 projects, a large majority—415—will be focused on the energy transition. In addition, 25 studies will be carried out in different municipalities to identify opportunities for improvement in the economy and tourism.
Distribution of Resources and Benefits
At the recent meeting of the fund’s governing body, the distribution of resources for 2023 was discussed, with nearly 54 million euros pending distribution. The town councils have been the main beneficiaries, with a payment of 174,400 euros for each council in the Penta I zone.
Impact on Local Communities
In addition to the municipalities in the Penta I zone, the municipalities in the Penta II zone have also received significant funds, with a total of 14,995,000 euros distributed among those with less than 12,000 inhabitants.
Aid Plans for 2024 and Beyond
For next year, the Government plans to maintain a similar funding line to this year, with approximately 80 million euros available. The funds will be allocated to major projects and aid lines designed to increase business competitiveness.
Impulse Network: Collaboration and Innovation
One of the highlights is the creation of the Impulse Network, which includes chambers of commerce, unions and other social agents. This network aims to develop new lines of subsidies to improve the competitiveness of local companies.
Long Term Goals
The Nuclear Funds’ main mission is to mitigate the economic impact of the closure of nuclear power plants, which could result in the loss of up to 3,000 direct jobs. Efforts are focused on ensuring that affected communities can adapt and thrive in a new economic context.
The final drafting of the Nuclear Transition Fund regulations is underway, with the aim of facilitating the management and distribution of resources more efficiently, in order to face future challenges more solidly.