The “Net-Zero industry Act” sets a target for Europe to produce 40% of its annual deployment needs in net-zero technologies by 2030, based on National Energy and Climate Plans (NECPs) and to capture 15% of the global market value for these technologies.

During negotiations, MEPs secured an approach based on a single list of technologies to be supported, including inter alia all renewable technologies, nuclear, industrial decarbonisation, grid, energy storage technologies, and biotech. The law will simplify the permitting process, setting maximum timelines for projects to be authorised depending on their scope and output.

The agreement provides for the creation of “Net-Zero Acceleration Valleys” initiatives, speeding up the permitting process by delegating parts of the environmental assessment evidence collection to member states.

Sustainability and resilience criteria

National support schemes aiming to speed up the deployment of technologies among households and consumers (e.g….