News articles written by Tom Wallyn

Net Zero Industrial Act and the Strategic Technologies for Europe Platform: Forging a Synergy for the European Industry of the Future

16 February 2024

During last week’s trilogue negotiations, the EU Commission, the EU Parliament, and the EU Council reached a provisional agreement on the Net Zero Industrial Act (NZIA). This Regulation will form the backbone of the EU’s strategy to boost domestic green tech production, known as the Green Deal Industrial Plan. This initiative responds to the global

Navigating the evolving “De Minimis Regulation”: recent changes and future expectations

18 January 2024

In the dynamic landscape of state aid, the De Minimis regulation has been put in place to ensure a fair competition between enterprises across the European Union. However, significant updates to the regulation have recently been made. Looking at the future, such changes promise to reshape how companies navigate this important aspect of state aid.

Significant changes expected to the Belgian investment deduction regime

14 November 2023

As previously announced (see also our newsflash of 10 October 2023), the Belgian Federal Government reached an agreement on the federal budget in the first half of October 2023. One of the important tax measures resulting from this budget agreement relates to specific changes to the Belgian investment deduction regime, a measure to support the

CrossRoads 2023-2029: Encouraging cross-border collaborations

23 October 2023

CrossRoads supports and stimulates cross-border collaborations around promising innovations across the Flemish-Dutch border, which contribute to the realisation of social transition priorities: sustainable entrepreneurship, sustainable energy, industry 4.0, and health. Collaborative Innovation at its best  CrossRoads is part of the European Interreg Flanders-Netherlands programme. This programme is dedicated to fostering sustainable cross-border collaboration between small

Incentives newsletter – October 2023

17 October 2023

As we close the summer season, the PwC Incentives Hub has been diligently monitoring the incentives landscape. We offer you following insightful overview of incentive topics that may be relevant for your company.   Water4all   In the last few years, Europe has been experiencing the consequences of climate change, including extreme weather conditions such

A revamping of the investment support mechanism in Wallonia

18 September 2023

To enhance clarity and amplify the leverage effects of incentives, Minister of economy in Wallonia, Willy Borsus, has taken substantial steps towards revamping the investment support mechanism by developing a points-based quality assessment system.  From March 2024 onwards, this mechanism will be implemented to assess whether an investment project is eligible for the investment aid.

Power Purchase Agreements and Contracts for Differences: unraveling the complexity!

31 March 2023

The EC’s Electricity Market Reform Proposal The European Commission (EU) has proposed a reform to its electricity market design. The idea behind the reform is to accelerate the transition to renewables and reduce the dependency on Russian gas before next winter (1). The reform also aims to make consumer bills less dependent on volatile fossil