{"id":5228,"date":"2022-11-18T14:15:34","date_gmt":"2022-11-18T13:15:34","guid":{"rendered":"https:\/\/esmfoundation.org\/?p=5228"},"modified":"2024-08-28T11:15:12","modified_gmt":"2024-08-28T09:15:12","slug":"eu-critical-raw-materials-act-als-antwort-auf-den-us-inflation-reduction-act","status":"publish","type":"post","link":"https:\/\/esmfoundation.org\/de\/2022\/11\/18\/eu-critical-raw-materials-act-als-antwort-auf-den-us-inflation-reduction-act\/","title":{"rendered":"EU Critical Raw Materials Act als Antwort auf den US Inflation Reduction Act"},"content":{"rendered":"\n

IRTC-Industrieberater Anthony Ku berichtet auf Englisch \u00fcber seine Eindr\u00fccke von der #RawMaterialsWeek der Europ\u00e4ischen Kommission:\u00a0The Critical Raw Materials Act \u2013 Europe\u2019s clean energy supply chain answer to the US Inflation Reduction Act.<\/em><\/p>\n\n\n\n

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This week, I had the pleasure of attending the EU\u2019s Raw Materials Week in Brussels. It is an annual gathering of people \u2013 mainly from Europe, but with others (like me) from other parts of the world \u2013 to discuss the latest challenges and opportunities related to critical materials issues in the European context.<\/p>\n\n\n\n

Geopolitics was understandably high on the agenda, with lots of discussion about how far Europe should go in reshoring supply chains (including the possibility of opening new mines on the continent). I found the discussion about the impacts of the US Inflation Reduction Act (IRA) particularly interesting.<\/p>\n\n\n\n

According to one industry speaker, the incentives for domestic battery manufacturing capacity are now nine times greater in the US relative to Europe. This has raised questions about how to \u201clevel the playing field\u201d for European industry not just with China, but also in light of the new incentives offered by the US for restoring clean energy supply chains to North America.<\/p>\n\n\n\n

In September 2022, EU President von der Leyen announced a European Critical Raw Materials Act. The broad outlines of the initiative have been laid out, and multiple speakers from the policy world talked about the need to make it \u201cbig, smart, and fast\u201d. Efforts to define specific incentives, regulations, and other relevant policies are underway, with the process currently in a public comment period until November. Comments on the process and the ability to add your voice can be found here [2]; it\u2019s worth taking some time to read through what is being said if you are actively working in this space.<\/p>\n\n\n\n

For those interested in critical materials and global supply chain issues, this bears watching, as Europe\u2019s next move to \u201clevel the playing field\u201d changes the game once again.<\/p>\n\n\n\n

Personally, I\u2019m very interested in seeing over the next few months:<\/p>\n\n\n\n