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Climate neutral economy for the global competitive advantage of energy industry

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The second High-level meeting of the renewables section of the EU Clean Energy Industrial Forum took place in Brussels on 18th March at the European Commission headquarters building, the Berlaymont.

Opened by Miguel Arias Cañete, European Commissioner for Climate Action and Energy, it was attended by a group of 22 CEOs, industry leaders, and representatives from international organisations. The Forum is part of the framework established to support the Clean Energy for All Europeans package, launched in November 2016, and follows up on President Juncker's call to include the decarbonisation industry as one of the key sectors for a renewed EU industry strategy.

 

The industry leaders recalled the outcomes of the first High-level meeting of the Clean Energy Industrial Forum on Renewables in January 2018, and applauded the significant progress that has been made since then. In particular, the new regulatory frameworks and the ambitious European renewable energy target of at least 32% set for 2030 has created a strong, dynamic and unfragmented EU market for renewables, and allows the European renewable energy industry to become an instrument motor for economic growth and additional jobs.

 

The discussions focused how to translate the established market demand for renewables into growth opportunities arising from the clean energy transition and on ways to improve the industrial underpinning for renewables in the EU. The important role of community and regional engagement was also mentioned, because the scale and speed of deployment needed to achieve the 2030 targets can only be achieved with the help and support of our European citizens.

 

The discussion also focused on the following topics:

  • the role that EU companies are playing in the global energy transition;
  • the need to ensure that renewable energy supply chain and innovative renewable energy projects are implemented in the end-use sectors of buildings, transport, industry, and agriculture;
  • the importance of EU commercial policies, such as trade agreements, access to the necessary materials, reduction of tariffs on goods and services related to the clean energy transition, non-discriminatory and reliable access to third country's energy markets;
  • the European financing instruments to attract private sector investments;
  • the creation of a one-stop-shop to allow the private sector to access the relevant instruments needed for the earliest stage of research to large-scale deployment of new renewable energy projects.

 

Read more on European Commission website.