The European Commission has released its new industrial strategy for Europe, considering industry and energy-intensive industrial branches as key players in making the European Union climate-neutral by 2050. Industry should help create lead markets in clean technologies (such as zero-carbon steel making process) and should focus on energy efficiency to reduce greenhouse gas (GHG) emissions across industry.
The European Commission plans to revise State aid rules, including energy and environmental aid. Revised State aid rules for Important Projects of Common European Interest (IPCEIs), including energy transition projects will be introduced in 2021. Efforts will be necessary to better integrate renewable power generation into European electricity systems, along with planning and investment in low-carbon generation technologies, capacity and infrastructure. The European Commission plans to launch a new European Clean Hydrogen Alliance in the summer of 2020. Built on the basis of the European Battery Alliance, it would bring together investors with governmental, institutional and industrial partners. Future alliances could also be create to include low-carbon industries and raw materials, in a context of rising reliance on non-energy raw materials for the energy transition.
Germany is already working on a draft hydrogen strategy (to be issued by end-March 2020) that would set a 20% green hydrogen quota across sectors by 2030 and around €2bn in investment on hydrogen projects.
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