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Rustbelt relics or future keystone? EU policy for energy-intensive industries

  • Energy-intensive industries in the EU are facing two main challenges: high energy prices and transitioning to decarbonised production. However, there is as yet no convincing EU-wide strategy for this sector‘s future. Given that the spectre of ‘deindustrialisation’ has triggered a readiness to act among the member states, there is a window of opportunity for designing such a strategy and putting it on the next Commission‘s agenda. This strategy must go beyond lowering energy prices, and factor in that cost pressures on industry to relocate will persist even in the long run, that the economic and resilience value of domestic production is lower than often portrayed, and that industrial decarbonisation is not just an EU but a global must. This policy brief delves into the economic, resilience and climate dimension of supporting energy-intensive industry, aiming to colour in contours of a potential strategy, and suggesting initial policy steps the EU should take.

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Metadaten
Document Type:Working Paper
Language:English
Author(s):Philipp Jäger
Publication year:2023
Publishing Institution:Hertie School
Number pages:13
Related URL:https://www.delorscentre.eu/en/publications/energy-intensive-industries
Release Date:2024/01/05
Hertie School Research:Jacques Delors Centre
Jacques Delors Centre / Policy Papers
Licence of document (German):Metadaten / metadata
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