{"id":622060,"date":"2024-05-27T17:53:03","date_gmt":"2024-05-27T14:53:03","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/eu-law-to-boost-clean-tech-production-to-enter-into-force-in-june\/"},"modified":"2024-05-27T17:53:03","modified_gmt":"2024-05-27T14:53:03","slug":"eu-law-to-boost-clean-tech-production-to-enter-into-force-in-june","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/eu-law-to-boost-clean-tech-production-to-enter-into-force-in-june\/","title":{"rendered":"#EU law to boost clean tech production to enter into force in June"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a370b59276ce\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a370b59276ce\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/eu-law-to-boost-clean-tech-production-to-enter-into-force-in-june\/#Main_measures_of_the_NZIA\" >Main measures of the NZIA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/eu-law-to-boost-clean-tech-production-to-enter-into-force-in-june\/#Global_race_for_green_tech\" >Global race for green tech<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/img-cdn.tnwcdn.com\/image?fit=796%2C417&amp;url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2022%2F12%2Fsolar-panel-g338803738_1280.png&amp;signature=094c4638df46ea443b8283d5e8c4130f\" \/><\/p>\n<div id=\"article-main-content\">\n                            The EU\u2019s Net-Zero Industry Act (NZIA) is set to enter into force by the end of June, following its final adoption today. The key regulation aims to ensure that homegrown clean tech can cover at least 40% of the bloc\u2019s demands by 2030.<\/p>\n<p>\u201cDemand is growing in Europe and globally, and we are now equipped to meet more of this demand with European supply,\u201d EU chief Ursula von der Leyen said in a statement.<\/p>\n<p>The Union hopes that by boosting its domestic manufacturing capacity, it can reduce its reliance on external countries for net-zero technologies. This includes the bloc\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/speech_24_1927\">dependence on China<\/a> for the import of solar panels.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Main_measures_of_the_NZIA\"><\/span>Main measures of the NZIA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The act focuses on the production of a number of technologies that are strategic for the EU\u2019s decarbonisation plans. These include solar power, batteries and energy storage, wind energy, and renewable hydrogen.<\/p>\n<p>It also seeks to mobilise investment with the creation of more favourable processes, such as regulatory sandboxes and fast permit-granting.<\/p>\n<p>In addition, the NZIA will focus on providing skills training and will introduce net-zero \u201cvalleys\u201d with the goal to establish clusters that can boost manufacturing activity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_race_for_green_tech\"><\/span>Global race for green tech<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The NZIA is part of the EU\u2019s Green Deal Industrial Plan which aims to make Europe \u201cthe home of clean tech.\u201d But competition for leadership in green technologies is increasing, with the bloc risking falling behind international rivals.<\/p>\n<p>One of them is the US. In 2022, the Biden Administration introduced the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.irs.gov\/inflation-reduction-act-of-2022\">Inflation Reduction Act<\/a> (IRA) \u2014 a $369-billion clean tech subsidy package targeted for North American-made products.<\/p>\n<p>Since its announcement, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/europe\/italy-urges-eu-give-strong-strategic-response-us-ira-2022-12-17\/\">EU leaders have voiced concerns<\/a> over the act\u2019s potential to discriminate against Union-based firms, or to lure them across the Atlantic.<\/p>\n<p>Another rival is China. The Asian country dominates solar <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> production, accounting for <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/china-controls-80-worlds-solar-180000884.html\">80%<\/a> of the global market. It\u2019s also under EU investigation over unfair competition practices related to wind turbine production and supply.<\/p>\n<p>It\u2019s yet to be seen whether the NZIA, alongside the other initiatives of the Green Deal, will successfully attract the \u20ac1.5 trillion in annual investment that Brussels deems essential to achieve the EU\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_24_588\">latest climate objective<\/a>. That is, a 90% reduction of CO2 emissions by 2040.\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/eu-law-boost-clean-tech-productio-into-force-june\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EU\u2019s Net-Zero Industry Act (NZIA) is set to enter into force by the end of June, following its final adoption today. The key regulation aims to ensure that homegrown clean tech can cover at least 40% of the bloc\u2019s demands by 2030. \u201cDemand is growing in Europe and globally, and we are now equipped&#8230;<\/p>\n","protected":false},"author":1,"featured_media":622061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2022%2F12%2Fsolar-panel-g338803738_1280.png&signature=7e2c805a16c59b84eaa53f682a68f2ad","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-622060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/622060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=622060"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/622060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/622061"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=622060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=622060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=622060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}