Weekly Policy Update – week 29

Hot topics 

Charles Michel presents revised European multi-annual budget and recovery package: Charles Michel, President of the EU Council, presented on Friday 10 July, a revised proposal for the Multi-annual Financial Framework (MFF) and the COVID recovery instrument Next Generation EU. Highlights included: an increase of the climate related budget from 25% to 30% and the request for Recovery & Resilience plans to contribute to both the green and digital transitions (instead of the green or digital in the Commission’s proposal) as a pre-requisite for approval by the European Commission. In addition, the proposal limits access to the Just Transition Fund to Member States that have committed to climate neutrality by 2050. Have a look at President of the EU Council Charles Michel’s consensus proposal here.

MEPs vote on a resolution to align the review of the TEN-E Regulation with 2030 climate targets: The European Parliament approved on the 10th of July a resolution to revise the TEN-E Regulation while taking into consideration the 2030 climate targets as well as the decarbonisation and energy efficiency goals. The TEN-E Regulation establishes a regulatory framework for the development of energy infrastructure between the EU Member States such as electricity, gas, smart grids, CCUS, and oil infrastructure. It sets the eligibility criteria and selection procedure for Projects of Common Interests between Member States that are also eligible for Connecting Europe Facility Funds. 

TEN-E Regulation Consultation: On the 13th of July,  the European Commission closed the TEN-E Regulation consultations after 8 weeks of receiving feedback from citizens and a broad range of stakeholders. SolarPower Europe participated in the consultations and submitted its position paper.  

EUROPEAN PARLIAMENT 

Merkel presents priorities of German presidency of the Council of the EU to the European Parliament: On the 8th of July, Angela Merkel addressed the European Parliament to set out the priorities of the German Presidency of the EU Council. Merkel highlighted climate change as one of the key issues to protect and preserve Europe. Concretely, Chancellor Merkel highlighted that during their Presidency, Germany will look to manage the “transition to a carbon-neutral economy and society and to a green economy with strong and innovative companies”. Furthermore, she expressed her support for an increased 2030 climate target to 50 to 55% GHG emission reductions (relative to 1990 levels). 

INI Report on Industrial Strategy timeline delayed. The ITRE committee has revised its timeline for the discussions and approval of the own-initiative report on Industrial Strategy, scheduled for approval on 15th July. The new timeline should see an approval on 28th September in the ITRE Committee, and in the 23rd November plenary.  

MEP Sean Kelly (EPP) is drafting the ITRE opinion on InvestEU: The draft should be ready by the end of August with the deadline for amendments set for the 2nd of September.

COUNCIL OF THE EU 

Energy Working Group to be debriefed on NECPs: The Commission debriefed the permanent representations on the progress made by the NECP technical Working Group meeting on the 9th of July. An exchange of views on fostering European cooperation on renewable energies and on the modernisation of the Energy Charter are also planned. 

EIB requests Member States to pay almost €18 billion into the bank to support recovery and climate ambitions: Werner Hoyer, President of the European Investment Bank (EIB), informed EU finance ministers that the bank would need €17.7 billion in fresh capital, in addition to €157 billion in additional commitments to handle the projects foreseen under Next Generation EU.

Next meetings 

  • 16th July, 10:00 – 12:00: Kick-off meeting of the Grids Workstream. Should you be interested join this meeting, please contact o.hatoum@solarpowereurope.org.  
  • 16th July: RE-Source, the European Alliance of corporate buyers and sellers of renewable electricity, will organise a webinar on why renewable energy on-site generation is crucial to achieve a 100%-based renewable Europe and it will explore the importance of looking for win-win regulations and business models enabling lower costs for energy consumers and companies. Stay tuned! 
  • 28 September – 2 October: #SolarPowerSummit goes online. 

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