Industrial Policy

Already in 2012, the EU set up the 20% target of industry’s share in Europe’s GDP by 2020 to ensure that the European industry remains competitive in the future. Further efforts, such as the so-called “Industrial Renaissance” in 2014 have followed – although all with limited impact. Mid-September 2017, EU Commission President Juncker announced the launch of a new EU Industrial Policy Strategy to “become the world leader in innovation, digitisation and decarbonisation". The initiative has been welcomed by policy makers and stakeholders.

EUTurbines is convinced that a strong industry is the backbone of Europe’s economy – a key priority for the EU should be ensuring growth of the economy and qualified jobs. A framework that encourages industry to continue manufacturing in Europe and be globally competitive is therefore crucial.

Read more on the EUTurbines stand on the Industry4Europe coalition and the EGA below...

 

Industry4Europe

Already at the beginning 2017, an industry alliance – so-called #Industry4Europe coalition – started a joint campaign to highlight the need to act fast if the 2020 target is to be achieved. The coalition gathers more than 120 industry associations. The group covers a wide range of industries, from raw materials providers, to energy intensive industries, energy-related industries, etc.

EUTurbines joined the initiative since its creation. A first position paper was prepared for that purpose. #Industry4Europe coalition has continued its activities after the publication of the Commission’s communication with a joint reaction to the proposal, providing guidance on a number of key areas: (1) business-friendly environment and governance, (2) skills and training, (3) research and innovation, (4) access to finance, (5) the internal market and (6) trade and international market access.

A manifesto has also been prepared ahead of the 2019 European elections, asking future Members of the Parliament to keep industry at the top of the political agenda and call for an ambitious long-term EU industrial strategy.

 

Environmental goods agreement

The main purpose of reaching an Environmental Goods Agreement (EGA) is to remove barriers to trade for a list of environmental or “green” goods that are crucial for environmental protection and climate change mitigation. Gas and steam turbines are part of the discussion. The negotiations were expected to be finalised by the end of 2016, but no agreement could be reached.

EUTurbines stresses the role that both steam and gas turbines have, contributing to the decarbonisation of energy systems globally. Gas Turbines ensure security of supply thanks to their flexibility, providing high efficiency, low carbon emissions, and fuel flexibility ability – including for biogas and carbon-free hydrogen. Steam Turbines are a CO2 neutral technology, which contribute to increasing efficiency in CCGT as well as in cogeneration and are also used in renewable applications (e.g. Concentrated Solar Power).

 

Related EUTurbines Publications for further reading: