Brussels pitches €100B for grand plan to boost made-in-EU clean manufacturing
- The European Union plans to decarbonize factories and reduce energy costs amid an ongoing energy crisis following Russia's invasion of Ukraine.
- The draft proposal aims to electrify 32% of the economy by 2030 and install 100 gigawatts of renewables annually.
- Experts warn that the EU's industrial policy competence is limited, and expectations for the Clean Industrial Deal may be overblown.
115 Articles
115 Articles
Can the EU’s Clean Industrial Deal cut carbon and restore competitiveness?
Atlantic Council experts share their analysis on the EU’s new industrial policy, its implications for European energy security, and how key partners may respond to the bloc’s evolving regulatory landscape.
The battle for European batteries: 'Time for us to become the copycats'
The European industry is struggling. Yesterday, the European Commission presented a plan to change this and to give a boost to innovations: the Clean Industrial Deal. The battery industry is also being looked at. The expectation is that more and more batteries will be used in the coming years. Not only in cars and small appliances, but also batteries as large as shipping containers. The largest battery manufacturers are in China, Japan and South…
Europe puts its energy transition on life support
The NewsThe European Union is drastically curbing its climate ambitions, with a wide-ranging policy reset that aims to halt the region’s upward spiral of energy prices without scrapping its long-term decarbonization goals entirely.The Clean Industrial Deal announced Wednesday is a plan to channel €100 billion ($105 billion) into European clean tech manufacturing, combined with measures to underwrite demand for low-carbon industrial products like…
European Commission proposes to invest €100 billion in clean technologies produced in the EU
In a complicated global moment, Europe has been under pressure and has been looking for ways to become more independent in a series of matters, namely in terms of energy and technology. On Wednesday, the European Commission...
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