Chips, Batteries and Finance: Europe Needs One Coherent Industrial Strategy 

On 24 September, EU ministers met to discuss some of the core elements of Europe’s competitiveness agenda, including the Chips Act 2.0 and how economic security should be embedded in EU competitiveness policy through new merger guidelines. Ministers also reviewed progress on the Industrial Accelerator Act (IAA) and the European Competitiveness Fund (ECF).  Taken together, […]

The Electrification Action Plan: Making Electricity the Rational Choice 

Electrification is essential to Europe’s clean energy transition, economic security, and competitiveness. Repeated energy crises have shown how continued reliance on fossil fuels weakens Europe’s economy and exposes it to shocks beyond its control. Catalyse Europe welcomes the Commission’s Electrification Action Plan (EAP) as the right structural response to this vulnerability.  The plan will, however, only succeed if it makes electricity the economically rational choice for households […]

Foreign Direct Investment – Balancing security and clean energy transition investment needs 

This memo is the second of two publications by Catalyse Europe on the Industrial Accelerator Act. The first addresses the Act’s overall framework and Made in/with Europe provisions.  Europe needs foreign investment to build its clean industrial base at the pace and scale the energy transition requires. Yet, dependency on foreign-controlled infrastructure on European soil can be […]

The Industrial Accelerator Act: Matching Ambition with Practicality

This memo is the first of two publications by Catalyse Europe on the Industrial Accelerator Act. The second examines the Act’s provisions on foreign investment conditionalities. Europe urgently needs industrial scale-up and capacity, but poorly designed legislation will deter the investment required. Catalyse Europe welcomes the Industrial Accelerator Act (“IAA”) as a key step towards […]

Open letter – Europe Risks Missing the Geothermal Revolution

To the attention of: Commission President Von der Leyen, Commissioner Jorgensen, Commissioner Hoekstra, Commissioner Ribera, Commissioner Séjourné CC: Heads of State, Council President Costa Europe faces yet another grave energy crisis. Still reliant on fossil fuel imports vulnerable to supply disruption, Europe urgently needs to strengthen its energy security and decarbonise, all the while lowering […]