Commission seeks views on a new industrial alliance

All modes of transport need to have easier access to renewable and low-carbon fuels, with a focus on the aviation and waterborne transport sectors, by complementing the legislative proposals ReFuelEU Aviation and FuelEU Maritime as part of the Fit-for-55 package earlier this year.

Commissioner Adina Vălean, responsible for mobility and transport, said: “Today, we start building a new industrial alliance that will help the transport sector transition to a new power base. We want to align the full industrial value chain to boost the production, distribution and use of renewable and low-carbon fuels in transport. The accelerated uptake of such fuels is fundamental in our push to decarbonize transport, in particular the aviation and waterborne sectors. I invite all those interested to join our efforts.  With this initiative we continue to deliver on our commitments under the Commission’s Sustainable and Smart Mobility Strategy and the European Green Deal.”

The EU’s industrial base must develop new sourcing capabilities, production capacity, storage and distribution networks ‒ all in a very short period. Drawing on the experiences of other industrial alliances at the EU level, this new alliance will allow all key actors ‒ from sourcing to end-users and technology providers ‒ to build new business relationships, launch joint projects, de-risk investments and, together, address market deficiencies.  All business and other parties interested in the alliance, including those of the EU’s global trading partners, are welcome to contribute to the co-creation process through the consultation until 30 November. Based on the results of this survey, the Commission will continue preparing for the launch of the alliance.

More information will follow soon: Renewable and Low-Carbon Fuels Value Chain Industrial Alliance

Source: European Commission