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Power On Europe: the EU solidifies policies to protect manufacturers
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Report summary
Recent highlights from the European power and renewables sector: The Hormuz blockade impacts regional pricing and renewable supply chains; the EU solidifies policies to protect manufacturers
Table of contents
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Power On: Recent highlights from the European power and renewables sector
- Executive summary
- 1. Hormuz turmoil has the greatest impact on power markets in Italy and the UK
- 2. Middle East conflict complicates supply chains for both wind and solar
- Figure 2: Potential should-cost* impacts on wind from the Middle East
- 3. EU launches Industrial Accelerator Act (IAA) to support the region’s supply chains
- Figure 3: Manufacturing as a share of EU GDP by year and IAA target for 2030
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