CleanTechnica•about 18 hours ago
How Can IAA Bring Local Cleantech Manufacturing?
Key Takeaway
The proposed European Industrial Accelerator Act (IAA) with local content criteria will significantly shape the future supply, cost, and availability of batteries for developers and large consumers in Europe.
AI Summary
- •The European Industrial Accelerator Act (IAA) proposes using local content criteria as a key lever for public support to build a resilient, local battery industry.
- •This policy aims to secure and localize the supply chain for batteries and their components within Europe.
- •The initiative is presented as the primary strategy to foster domestic cleantech manufacturing, directly impacting future battery availability and costs for developers and large power consumers.
Topics
financingoempolicystorage
Article Content
Using local content criteria in the Industrial Accelerator Act (IAA) as a lever for public support is the only option on the table to build up a resilient and local battery industry across Europe. 1. The urgency & feasibility of Union content criteria for batteries Access to batteries, their components, ... [continued] The post How Can IAA Bring Local Cleantech Manufacturing? appeared first on CleanTechnica .