The European Commission has adopted new rules under the Net-Zero Industry Act (NZIA) to clarify which industrial projects can benefit from specific provisions.
The rules define strategic products and components used in zero-emission technologies and allow the inclusion of non-economic criteria (such as sustainability, cybersecurity, and supply chain resilience) in renewable energy auctions, which will become mandatory for at least 30% of auction volumes from 2025.
The Commission also published documents detailing the EU’s sources of supply for net-zero technologies, highlighting dependencies on third countries. Additionally, it introduced the possibility for certain projects to obtain “strategic project” status, granting them streamlined procedures and access to financial advisory services.
The regulation aims to strengthen Europe’s manufacturing capacity and ensure secure and sustainable supply chains.
Source: ESGNews
