(offshoreWIND.biz) The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining concrete actions to turn decarbonisation into ‘a driver of growth‘ for European industries by supporting renewable energy sources.
Specifically, the plan aims to lower energy prices, create ‘quality’ jobs and the ‘right’ conditions for companies to thrive, accelerating decarbonisation while at the same time securing the future of manufacturing in Europe. With the new plan, the EU wants to tackle three challengers at once—a climate crisis and its consequences, competitiveness concerns and economic resilience.
As informed, to provide short-term relief, the Clean Industrial Deal will mobilise over EUR 100 billion to support EU-made clean manufacturing. As European industries are said to be faced with “high energy costs and often unfair global competition,“ the framework can drive growth and competitiveness of these industries.
“Europe is not only a continent of industrial innovation, but also a continent of industrial production. However, the demand for clean products has slowed down, and some investments have moved to other regions,” Ursula von der Leyen, President of the European Commission, commented.
“We know that too many obstacles still stand in the way of our European companies from high energy prices to excessive regulatory burden. The Clean Industrial Deal is to cut the ties that still hold our companies back and make a clear business case for Europe.”
Specifically, the focus will be mainly on two closely linked sectors: energy-intensive industries and the clean-tech sector. Circularity is also a central element of the deal, as the EU needs to maximise its limited resources and reduce overdependence on third-country suppliers for raw materials.
The main elements of the Clean Industrial Deal are:
- Affordable energy;
- Boosting demand for clean products;
- Financing the clean transition;
- Circularity and access to materials;
- Acting on a global scale and;
- Skills and quality jobs.
Read full article: https://www.offshorewind.biz/2025/02/28/all-eyes-on-eu-as-it-presents-clean-industrial-deal-to-future-proof-energy-sector/
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