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Written by Guillaume Ragonnaud (3rd edition, updated on 06.03.2024).
The deployment of clean energy technologies required to support the achievement of Europe’s 2030 and 2050 climate targets is considerable. Europe already largely imports these technologies, and like many third countries is increasing efforts to expand clean energy manufacturing capacity to reduce strategic dependencies for key products.
On 16 March 2023, the Commission put forward a proposal for a ‘net-zero industry act’ that aims to expand the manufacturing capacity of net-zero technologies in the EU and enhance the resilience of its energy system.
The proposed regulation would set up enabling conditions for the manufacturing of 10 net-zero technologies (through streamlined administrative processes and access to regulatory sandboxes and European net-zero industry academies). Eight ‘strategic’ net-zero technologies would gain additional benefits (even shorter administrative processes, facilitated access to markets, and administrative support to access finance). The proposed regulation would aim to ensure that, by 2030, the manufacturing capacity in the EU for these strategic net-zero technologies reaches an overall benchmark of at least 40 % of the EU’s annual deployment needs. It would also set an EU‑level target for annual CO2 injection capacity by 2030 (50 million tonnes).
On 6 February 2024, the Parliament and the Council reached a provisional agreement
Versions
- March 2024: Net-zero industry act (3rd edition)
| Proposal for a regulation of the European Parliament and of the Council on establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem (Net Zero Industry Act) |
| Committee responsible: | Committee on Industry, Research and Energy (ITRE) | COM(2023)161 16.3.2023 |
| Rapporteur: | Christian Ehler (EPP, Germany) | 2023/0081(COD) |
| Shadow rapporteurs: | Tsvetelina Penkova (S&D, Bulgaria) Christophe Grudler (Renew, France) Damien Carême (Greens/EFA, France) Evžen Tošenovský (ECR, Czechia) Paolo Borchia (ID, Italy) Marc Botenga (The Left, Belgium) | Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’) |
Next steps expected: Vote in plenary
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