In two separate publications, the Brussels-based ‘think tank’ Bruegel and the Institute for Climate Economics (I4CE) denounce the ineffectiveness of the target of 40% net zero emission technology production compared to needs in the EU by 2030. The Commission proposed this production target in its ‘Net-Zero Industry Act’ (see EUROPE 13143/1). However, for the authors of both publications, this overall objective is not relevant, as the current production of these technologies varies greatly.
For offshore wind, for example, the EU already produces enough of the three main components (blades, nacelles and masts) to cover its deployment needs, according to Bruegel figures. In contrast, the production capacity of solar panels in the EU is minimal compared to the needs.
Instead, the EU should base its targets “on a thorough analysis of the future production capacities of EU Member States, including labour force and skills base, infrastructure and natural conditions”, says I4CE in its article.
Furthermore, for both I4CE and Bruegel, the EU should focus its efforts on facilitating private investment. IC4E also insists on the need for public funding and a clear investment plan.
See the Bruegel publication: https://aeur.eu/f/6ya
And that of I4CE: https://aeur.eu/f/6yb (Original version in French by Léa Marchal)