Saturday, May 27, 2023
HomeClimateEnergy-intensive industries call for stronger recognition in the Net Zero Industry Act
Powered by

Energy-intensive industries call for stronger recognition in the Net Zero Industry Act

Several associations representing the European energy-intensive industries are calling on the European Union to recognise the role of this sector within the Net Zero Industry Act.

Indeed energy-intensive industries currently provide direct employment to around 2.6 million people and represent the foundations of critical and strategic value chains for the EU economy and society.

“Our sectors provide materials which are indispensable for the decarbonisation of the industry and the economy as a whole and for the manufacture of the Strategic Net Zero Technologies identified in the draft Regulation,” read the joint letter. “At the same time, energy-intensive industries will also be key users of these technologies, accounting for a major share of the demand. By focusing almost exclusively on the manufacturing side of specific technologies, the draft Net Zero Industry Act presents significant shortcomings.”

That’s why the signatories are asking for a Net Zero Industry Act that contains concrete measures for users of Net Zero technologies. For instance, easier permitting procedures, as well as the one-stop shop concept, should apply throughout the value chain – not only to manufacturers of technologies but also to industrial end-users, covering also the related infrastructure.

Also, they are urging both EU and national funding – ETS Innovation Fund, Recovery and Resilience Facility, national funding instruments – to be directed at greening Europe’s industrial base and support the rapid deployment of breakthrough technologies. In this regard, the conditions to access to EU and national funds must be simplified.

Finally, the parties involved underlined how the EU needs a structural and ambitious rethinking of its energy policy to secure a resilient and competitive climate-neutral economy.

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular