Overview of the legal framework of the Green Deal

Net Zero Industry Act

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Net Zero Industry Act

The Net Zero Industry Act is intended to ensure that more clean technologies are produced in the EU. Specifically, it is about technologies that drive forward the energy transition and cause little to no greenhouse gas emissions.
The regulation aims to stimulate investment and create better conditions for the cleantech market in Europe. By 2030, the EU should be able to cover at least 40% of its annual demand for clean technologies itself.
The ordinance promotes technologies that can make a significant contribution to reducing CO2 emissions. In particular, strategic cleantech technologies that are already ready for the market and can be implemented quickly. This increases industrial competitiveness, strengthens the EU energy network and enables the transition to clean energy.

Objectives:

More energy independence Reduce CO2 emissions

By 2050


Almost 4 times greater use of renewable energies

6-fold increase in utilisation of heat pumps

15 times higher production of electric cars worldwide
Key technologies
•	photovoltaics & solar thermal energy
•	electrolysers & fuel cells
•	onshore wind energy & renewable offshore energy
•	sustainable biogas/biomethane
•	batteries & storage technologies
•	CO2 capture & storage
•	heat pumps & geothermal energy
•	network technologies

This is how the law is to be implemented:

Strategic climate neutrality projects: Prioritise projects that make the EU cleantech industry less vulnerable to crises and more competitive
Less bureaucracy and quicker approval: less administrative work and simpler and quicker approval procedures - especially for strategic projects, which thus offer more planning and investment security
CO2 storage capacity: Promotion of CO2 capture and storage projects, in particular through more storage sites.
Incentives for investment: Mobilisation of investments via the ‘Net-Zero-Europe’ platform and the European Hydrogen Bank.
Better market access: Application of sustainability and resilience criteria in procurement procedures and auctions to boost demand for renewable energies.
Innovations: Real-world laboratories to develop and test innovative cleantech technologies and thus create the best conditions for innovation.
Expansion of competences: Specialist academies managed via the ‘Net-Zero-Europe’ platform, offering education and training programmes for clean technology jobs.

Further information:

[EUR-Lex] Net Zero Industry Act
Net Zero Industry Act: Council and Parliament agree to boost green industry in the EU - Consilium (europa.eu)