Image: Smallman12Q, Wikimedia Commons, CC by 2.0
The European Commission has adopted a new framework for state aid under the Clean industrial deal For Europe (CISAF), a plan intended to mobilize € 100 billion to support the production of clean technology within the European Union.
The committee said that CISAF will remain in force until the end of 2030. It aims to accelerate the use of new capacity for renewable energy and low-carbon fuels while retaining low electricity prices for energy-intensive industries.
The schedule will support all production projects with regard to clean energy technologies mentioned under the Net-Zero Industry Act (NZIA), as well as individual production projects in net zero technologies when needed to prevent investments from shifting outside the European Union.
The committee has agreed financial support at € 200 million per project. It said that governments can either use financing gap reviews or competing tenders to guarantee fair competition.
The framework also enables EU Member States to streamline design procedures for clean energy technologies and to take capacity mechanisms and flexibility measures to improve grid stability. It also includes provisions to lower the electricity costs for energy-intensive users.
“If Europe wants to lead in clean technology, we must act with courage and clarity,” said Teresa Ribera, Executive Vice President for clean, just and competitive transition. “The new framework simplifies and simplifies support for low -carbon, but it goes further: it recognizes the state as a strategic investor in our future.”
The NZIA Europe is expected to help produce at least 40% of its annual implementation needs for strategic technologies, including PV modules, batteries and heat pumps. It Mandates faster permits for all technologies for renewable and energy storage, which determines maximum authorization age lines on the basis of project range and output. The legislation also establishes net zero gear valley, where Member States will handle parts of the environmental assessment of evidence to streamline approvals.
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