![Strategic technologies for Europe platform (STEP) [EU Legislation in Progress][Policy Podcast]](https://i0.wp.com/epthinktank.eu/wp-content/uploads/2023/10/EPRS-AaG-754546-Strategic-technologies-Europe-FINAL.png?fit=1024%2C683&ssl=1)
Written by Guillaume Ragonnaud and Marin Mileusnic (2nd edition, updated on 15.02.2024).
In June 2023, the European Commission tabled a proposal for a regulation establishing a new platform for strategic technologies for Europe (STEP). STEP would rely on the reallocation of funds under existing EU instruments. It would also come with an additional budget of €10 billion under the EU’s multiannual financial framework (MFF). Overall, the platform could leverage up to €160 billion in investment. STEP would direct funding to strategic projects that develop or manufacture deep and digital technologies, clean technologies and biotechnologies, and strengthen their value chains. This would help the EU not only to meet the challenges of the green and digital transitions but also to limit or prevent strategic dependencies. STEP would be a test for possible further steps towards a European sovereignty fund.
On 7 February 2024, the Parliament and the Council reached a provisional agreement on the proposal. The agreed text requires formal adoption by both institutions. Parliament is due to vote on it during its second plenary session of February 2024.
Versions
- February 2024: Strategic technologies for Europe platform (STEP) (2nd edition)
| Proposal for a regulation of the European Parliament and of the Council establishing the Strategic Technologies for Europe Platform (‘STEP’) and amending Directive 2003/87/EC, and Regulations (EU) 2021/1058, (EU) 2021/1056, (EU) 2021/1057, (EU) 1303/2013, (EU) 223/2014, (EU) 2021/1060, (EU) 2021/523, (EU) 2021/695, (EU) 2021/697 and (EU) 2021/241 | ||
| Committees responsible: | Committee on Budgets (BUDG) Committee on Industry, Research and Energy (ITRE) | COM(2023)335 20.6.2023 |
| Rapporteurs: | Christian Ehler (EPP, Germany) José Manuel Fernandes (EPP, Portugal) | 2023/0199(COD) |
| Shadow rapporteurs: | Matthias Ecke (S&D, Germany) Jonás Fernández (S&D, Spain) Valérie Hayer (Renew, France) Rasmus Andresen (Greens/EFA, Germany) Henrike Hahn (Greens/EFA, Germany) Izabela-Helena Kloc (ECR, Poland) Bogdan Rzońca (ECR, Poland) Cornelia Ernst (The Left, Germany) Younous Omarjee (The Left, France) | Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’) |
| Next steps expected: | Vote in plenary | |
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