European Agenda
EU rules on competition - , market resilience andclean hydrogen alliance: This is the European industrial strategy
The change to climate-neutral business operations demands consideration of the ecological, social, and economic impact. The industrial strategy is focussed on the latter.
The change to climate-neutral business operations demands consideration of the ecological, social, and economic impact. The industrial strategy is focussed on the latter.
- Topics
- European Agenda
- EU Industrial strategy
EU competition rules, market resilience and hydrogen alliance
In March 2020, as part of the European Green Deal, the European Commission presented a new EU industrial strategy intended to support industry in the transition to climate neutrality as well as in playing a leading role in digitalization. Particular emphasis was placed on SMEs.
Important elements of this strategy cover, among other things, an alliance for clean hydrogen, expansive measures to modernize and decarbonize energy-intensive industries, a plan of action for a circular economy, and a review of the EU rules on competition.
In May 2020, an update to this strategy appeared that takes the altered situation resulting from the coronavirus into consideration. In this update, the focus shifted more to market resilience, strategic dependencies, and economic recovery from the effects of the pandemic.
