5 February 2025 – EUREC has endorsed an open letter – co-written and signed by 15 other renewable energy associations – on the need for the Clean Industrial Deal (CID) to have a “bold strategy to reinforce Europe’s Global Leadership in Cleantech and build a Competitive Net Zero Economy.” The letter highlights the fact that the European supply of clean industry is not enough to meet its decarbonisation targets, and the EU overly depends on imports of cleantech manufactured. The Clean Industrial Deal needs to address this uncertain market context and incentivize industries to integrate cleantech into their processes and shift to a decarbonised, circular and innovative business model. Furthermore, this should be a clear condition for receiving any public funding.
The letter urges that the CID should be built on the following three pillars:
- Access to clean, abundant, affordable and resilient domestic energy and its delivery infrastructure, which are essential for the growth of a sustainable industrial base.
- A European Cleantech and Industrial Strategy that delivers sectoral decarbonisation and competitiveness, fostering a vibrant European market for clean technologies, their production and their value chains.
- Unlocking private investment through a Cleantech Investment Plan with clear financial incentives and de-risking mechanisms to create robust, sizable markets that can drive the wide adoption of clean technologies in Europe and beyond.
EUREC also emphasised that the CID should leverage the opportunities of the Data Act and should help further drive the EU’s ‘Digital Agena’.
You can read the letter on the Clean Industrial Deal in full here.