Circular Economy

Europe’s energy-intensive industries coping with covid crisis while trying to stay on sustainable path

Europes industry has significant challenges today. All Europeans also have to cope with the COVID-19 crisis and with a paralysed economy. There are also discussions within the EU institutions and through various consultations on the recovery package. The European Cement Association produced its 2050 Carbon Neutrality Roadmap this past May. The Energy Industrial Insulation Foundation just published its White Paper on Decarbonising Industry with Rapid Payback. And the European Commission is also providing considerable support for innovative approaches to improve energy efficiency and use more renewable energy in order to decarbonise industry. This is incredibly important to demonstrate technologies and to get buy in from participating companies, to reinforce the drive towards modernisation and digitalisation, and to keep up some momentum during the current crisis. Some of the funding for energy-intensive industries is funnelled through A.SPIRE. It represents innovative process industries, 20% of the total European Association committed to managing and implementing the SPIRE Public-Private Partnership.