The European Commission has approved a €1.1 billion French programme to support strategic investments that increase clean technology manufacturing capacity, in line with the objectives of the Clean Industrial Pact. This measure will contribute to the transition to a net-zero emissions economy. The programme was approvedunder the Clean Industrial Pact State Aid Framework (CISAF),adopted by […]
Commission proposes plan to protect EU steel industry from unfair effects of global overcapacity
The Commission has tabled a proposal to protect the EU steel sector from the unfair effects of global overcapacity, a vital step to ensure the long-term viability of a strategically crucial industry. Fulfilling the commitments set out in the EU Action Plan for Steel and Metal, the proposal maintains the principle of open trade and […]
Deal on more funding to boost skills development and address new challenges
Parliament and Council negotiators have reached a provisional agreement on changes to the European Social Fund+ to boost skills in the defence and decarbonisation industries. The co-legislators agreed to support EU-countries using ESF+ funding for skills development in the defence sector and decarbonising industries. Regions bordering Russia, Belarus and Ukraine will also receive additional support, […]
Commission assesses nuclear investment needs for 2050 goals
Delivering Member States’ plans regarding nuclear energy will require significant investments, of around €241 billion until 2050, both for lifetime extensions of existing reactors and the construction of new large-scale reactors. Additional investments are needed for Small Modular Reactors (SMRs), Advanced Modular Reactors (AMRs) and microreactors and in fusion for the longer-term future, the Commission has assessed […]
European Commission and EIB strengthen support for Innovation Fund decarbonisation initiatives
The European Commission and the European Investment Bank (EIB) have signed an agreement renewing Project Development Assistance (PDA) under the Innovation Fund to increase technical and financial advisory support for innovative decarbonisation projects that are either not selected via the Fund or are preparing to apply. The renewed PDA agreement aligns with the EU’s Clean Industrial Deal, which […]
European Parliament agenda for 2023: renewables, digitization, migration
Renewable energy, the circular economy, migration and online security are all on Parliament’s agenda for 2023. Digital transformation Cryptocurrencies, artificial intelligence, semiconductors and data sharing will all be discussed by Parliament in 2023. MEPs will agree a position on a legal framework for artificial intelligence in January, which aims to introduce a common regulatory and […]