Clean Industrial Deal Position Paper

Following the Competitiveness Compass, all eyes are now on the publication of the European Commission’s highly anticipated Clean Industrial Deal. T&D Europe expects that the Commission will formulate a clear, positive and bold ambition.

For us it is beyond doubt that electrification, based on renewable sources, will have to take a central place in this strategy. As the Draghi report highlighted, Europe needs to bring down energy prices and eliminate its dependencies on fossil fuels.

The Clean Industrial Deal is therefore the right place to set the strategic objective of structurally bringing down Europe’s electricity prices to the level of China and the US. Such a clear common objective, accompanied by targeted actions, will help to focus all necessary efforts by all relevant stakeholders.

The successful realisation of the ambition requires policy and regulatory action on three fronts: Electrification, Infrastructure and Industry, which we further develop with concrete recommendations in our position paper.

 

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