Across Europe, demand for clean energy technologies such as offshore wind components, grid technologies, batteries, green steel and green ammonia is rising rapidly. However the supply chains that underpin many of these technologies remain highly concentrated and exposed to geopolitical risks. These vulnerabilities increasingly shape growth opportunities and national security risks, as well as the pace of the energy transition.
Catalyse Europe has been the incubator for CTPI, in partnership with IPPR. The final report examines how countries can build more resilient and investable clean technology supply chains by applying a partnership approach.
● Gives governments a practical, costed plan to prioritise and deliver energy security, industrial growth and decarbonisation goals.
● Proposes €19–36bn of targeted investment, around half of it public – less than 6 per cent of what Europe spends on its energy system each year – to cut dependencies in critical clean technologies.
● Identifies the ‘missing link’ between ambition and delivery: how to move from securing and diversifying supply to building it across batteries, offshore wind, grids, nuclear, green steel and more.
● Argues that this policy can be delivered through targeted policy, public finance tools and investment deals between countries such as Australia, Brazil, Canada, Japan and South Korea.
The initiative is led by Peter Hill, Associate Fellow at IPPR, formerly CEO of COP26 and head of the UK Prime Minister’s office. Its analysis has been informed by engagement with a number of European governments and institutions and by input from leading research institutions, industry stakeholders and financial institutions.
