Today a coalition of 7 associations in the electricity industry have written to the European Commission with a request to include the manufacturing of electrical equipment in the EU Taxonomy. The Commission is planning to issue a Delegated Regulation by the end of this year.
This will establish the screening criteria for economic activities contributing substantially to climate change mitigation or adaptation. Equipment and systems for the management of electricity are major enablers for greenhouse gas emissions reductions and should therefore be explicitly included.
In a letter to Executive Vice-President Timmermans, Commissioner McGuinness and Commissioner Simson, CAPIEL, CECAPI, CEMEP, EuropeOn, SolarPowerEurope, T&D Europe and Wind Europe recall that electrification will play a major part in achieving a net zero emission economy by 2050. Electricity networks are the backbone of Europe’s energy system and facilitator of the energy transition. By 2050, more than 80% of electricity will come from renewable energy sources and integrating a higher share of renewables will require a reliable, flexible and smart power system to continue to ensure a reliable energy supply. The electrical transformation of the energy system in Europe will not happen without the deployment of electrical equipment, which plays a critical role in ensuring the adaptation of the energy systems towards climate-neutrality by ensuring the integration of renewable energy and by improving energy efficiency. Electrical equipment is essential to achieve EU climate, energy and sustainability ambitions, in areas such as electric vehicle charging, local energy communities, shore-side electrification for ships, sector coupling and HVDC networks.
T&D Europe Secretary General Diederik Peereboom said: “Despite its enabling role, the draft Delegated Regulation on climate change does not explicitly mention the production of electrical equipment. For the members of the T&D industry and those of our partners this is important. We therefore ask the Commissioners to explicitly include the manufacturing of equipment and systems for the management of electricity in a specific section. Our proposal is fully in line with the EU framework on sustainable investment and we believe that the Commission can incorporate it without an additional, complex and in-depth technical assessment.”