Thread by @JakobMedick

First leaks of the EU Net Zero Industry Act are out. Here is what to expect for the official draft proposal on March 14th:
#GreenDealIndustrialPlan #NZIA #IRA
European manufacturing capacity shall be scaled up for the following technologies👇(1/13)

Scope (2/13):
1. #Solar Photovoltaic & solar thermal
2. Onshore and offshore #wind
3. #Battery technologies
4. #HeatPumps + #geothermal energy
5. Renewable #hydrogen
6. #Biomethane
7. #Nuclear technologies (fission)
8. #CCUS
9. #Grid technologies

Manufacturing capacity objectives within the EU by 2030 (3/13):
- Binding overall target: at least 40% of the Union’s annual deployment needs
- indicative targets for specific tech: wind turbines (85%), solar PV (40%), heat pumps (65%), batteries (85%), electrolysers (50%)

Fast-tracking permitting (4/13):
- tech within scope of this regulation receive status of "overriding public interest"
- max of 9 months for single projects <1 GW, 12 for >1GW
- max of 12 months for single projects <1 GW, 18 for >1GW
- upper limits apply for CCS, nuclear, grids

One Stop Shops (5/13)
- within 3 months after regulation enters into force, Member States shall designate one stop shop for permit-granting process for net-zero technology manufacturing projects
- permit-granting process is carried out electronically
- COM will provide guidelines

Environmental Impact Assessment (EIP) and Public Authorisation (6/13):
- EIP shall not exceed a period of 30 days from the date of project submission
- also the timeframes for consulting the public shall not exceed 30 days

Net-Zero Industry Valleys (NZIV) (7/13):
- MS shall identify NZIV: e.g. multiple use areas, areas with access to transportation & network infrastructure, coal regions in transition
- for projects located in a NZIV permitting is shortened by another 6 months (vs times above 👆)

Regulatory sandboxes (8/13):
- MS shall provide a controlled environment facilitating testing & validation of innovative tech (TRL 5-8) for a limited time before placement on market
- Companies can apply for a regulatory sandbox justifying the exemption from existing provisions

Financing (9/13):
- MS shall provide financial support to address
financing gaps such as (a) guarantees to decrease borrowing costs (b) off-take guarantees for tech made in Europe
- MS shall allocate at least XX% (still tbd)of national revenues from EU ETS allowances until 2030

Financing Part II (10/13):
- COM shall set Innovation Fund auctions to allocate grants to Net Zero industry projects
- COM shall set up targeted investment platforms & cooperate with implementing partners under the InvestEU regime with the aim of establishing blending facilities

Green Public Procurement (11/13):
- procurement shall be based on
a) environmental performance
b) security of supply (15 - 40 % of the award criteria)
--> products proportion originating in third countries, possible changes in its supply chain affecting execution of contract

Environmental criteria in RES tenders (12/13):
- MS shall use env. criteria (still tbd) in public tender schemes for RES
- the criteria shall weigh 15% - 40% of total the selection criteria
- also household support schemes shall require purchase of net-zero industry products

Governance (13/13):
- annual progress reports with respect to manufacturing capacity objectives mentioned above
- MS shall take into consideration Regulation [NZIA] when preparing their national energy and climate plans