Europe is pushing to strengthen its domestic clean tech manufacturing as it aims to meet ambitious climate and energy goals. With a target of 420 GW of wind energy installed by 2030—up from the current 220 GW—the EU is set to significantly expand its renewable energy capacity. To support this growth, the EU has introduced the Net-Zero Industry Act (NZIA), a new regulatory framework designed to boost the competitiveness of European clean tech industries and speed up the shift to a net-zero economy.
Scaling up net-zero technologies
The NZIA is pivotal in enhancing Europe’s manufacturing capacity for key net-zero technologies and their components. It addresses barriers to scaling up production and aims to attract investments, improve market access, and drive the competitiveness of the EU’s clean energy sector. By ensuring that the sector meets at least 40% of the EU’s annual deployment needs by 2030, the Act provides much-needed predictability and stability?
The scope of the Act is broad, encompassing technologies such as solar, wind (onshore and offshore), battery storage, hydrogen, and carbon capture and storage (CCS).
NZIA in auctions
In renewable energy auctions, the agreement introduces mandatory Non-Price Criteria (NPC), focusing on factors such as the auction’s contributions to sustainability and resilience, cybersecurity, responsible business practices, and timely and complete project delivery. These criteria can apply to at least 30% of the total auctioned volume, or 6 gigawatts, annually in each Member State.
Maximizing success in non-price criteria tenders with Flux Partners
By aligning your strengths with the requirements of non-price criteria, assembling the right teams, and forming strategic partnerships, Flux Partners helps your proposal stand out, maximizing scoring potential and enhancing your chances of winning in a competitive tender environment.