EU opens new call for PCI, PMI energy infrastructure projects
Sep 18, 2024 15:49 CESTThe European Commission (EC) is getting ready to publish a draft law establishing that by 2030 the EU must have enough net-zero technology manufacturing capacity to meet at least 40% of its annual deployment needs for the corresponding technology, shows a document seen by EURACTIV.
The legislation to be proposed also sets industry-specific targets for at least 40% of solar photovoltaic (PV), 85% of wind turbine, 60% of heat pump, 85% of battery, and 50% of electrolyser production within the bloc.
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The idea behind the new law is to cut the red tape currently associated with strategic technologies, including solar PV and solar thermal, on- and offshore wind, battery, heat pump and geothermal, renewable hydrogen, biomethane, nuclear, carbon capture, utilisation and storage (CCUS), and grid technologies. Developers will be expected to apply for a so-called “Net Zero Resilience Project” label, which will ensure that the permitting process will not exceed 12 months for facilities with an annual production output of more than 1 GW, and nine months for those of less than a gigawatt.
For the remaining clean technology manufacturing projects, the length of the procedure should not exceed 18 months for facilities with a 1-GW-plus annual production output and 12 months for those with less, says the draft document released by EURACTIV.
The EC is expected to table the law on March 14 for it to be discussed by the Member States and the Parliament.
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