MEPs adopt their roadmap for supporting energy-intensive industries

Reducing the energy dependence of European industries while accelerating their transition to decarbonized practices - The European Files

The European industry is at the heart of the continent’s economy, yet it remains highly vulnerable to energy price volatility, supply disruptions and unfair competition. The energy crisis triggered by geopolitical tensions has laid bare the strategic weakness of Europe’s reliance on imported fossil fuels. According to Eurostat, the EU’s energy import dependency reached 55.5% in 2023, with natural gas and crude oil representing the largest shares…

MEPs adopt their roadmap for supporting energy-intensive industries

Energy-intensive industries, such as the chemicals, steel, paper, cement, and glass industries, are crucial for the EU economy and for decarbonisation efforts, say MEPs in a resolution adopted on Thursday. These industries are vital for jobs and for Europe’s strategic autonomy but are facing challenges as they shift to cleaner technologies, they add. The resolution stresses the need for a cost-effective transition using various technologies to r…

MEPs approved the European Commission's plan to support energy-intensive industries in the European Union in a resolution adopted in Strasbourg on Thursday. The plan aims to support the decarbonisation of energy-intensive industries, reduce the price gap compared to competitors outside the European Union and ensure secure access to critical and secondary raw materials. MEPs called on the European Commission to take measures to strengthen the com…