Source: European Parliament
Question for written answer E-000311/2025
to the Commission
Rule 144
Mathilde Androuët (PfE)
Both the Commissioner for Climate Change, Carbon Neutrality and Clean Growth[1] and the Draghi Report[2] have drawn attention to the erosion of our industrial sovereignty, particularly in relation to China, in the renewable energy and electric vehicle sectors. The Draghi Report also warns that Europe is losing competitiveness as a result of very high gas and electricity prices in the EU[3].
A study[4] by the Committee on Constitutional Affairs assessing the conditions for the creation of a Climate and Energy Union identifies legal, regulatory, institutional and political obstacles to its establishment. The study also points to the lack of sufficient financial resources to carry out an energy transition that requires massive investment, far in excess of the EUR 660 billion earmarked for the green transition in the Multiannual Financial Framework 2021-2027.
As an example, the Bruegel think tank estimates that EU countries would need to invest around EUR 1 300 billion each year until 2030 and then EUR 1 540 billion per year between 2031 and 2050 to complete the energy transition[5].
- 1.What adjustments does the Commission advocate in such a situation?
- 2.Does it dispute the figures provided by the Bruegel think tank?
Submitted: 23.1.2025
- [1] Europe ‘getting more dependent on China’ for clean tech, EU climate chief warns, Frédéric Simon, Euractiv, 14 February 2024.
- [2] Mario Draghi’s report on the future of European competitiveness, https://commission.europa.eu/topics/strengthening-european-competitiveness/eu-competitiveness-looking-ahead_en#paragraph_47059
- [3] La grande panne de l’industrie européenne, Bastien Bonnefous, Le Monde, 23 September 2024.
- [4] https://www.europarl.europa.eu/RegData/etudes/STUD/2024/764399/IPOL_STU(2024)764399_EN.pdf
- [5] L’Europe n’a pas les moyens de sa transition énergétique, Transitions & Énergies, 13 December 2024, https://www.transitionsenergies.com/europe-pas-les-moyens-transition-energetique