Clean Industrial Deal is a roadmap for the EU's competitiveness and decarbonisation. The aim is to transform European industry with the aim of achieving a sustainable and resilient economy by 2030.

The main points of the plan include:

• Access to affordable energy: Ensure access to affordable energy for industry, in particular for energy-intensive sectors, through measures such as power purchase agreements (PPAs) and contracts for difference (CfDs). The Commission will launch a programme for corporate power purchase agreements (PPAs) with an indicative budget of EUR [XX] billion.
• Accelerating clean energy deployment and manufacturing: Supporting the rapid deployment of clean energy by simplifying permitting procedures for energy, energy storage and grid projects.
• Ensuring well-functioning gas markets: Ensure transparency and prevent abuse of the gas market.
• Supporting demand for decarbonized products: Creating demand for clean technologies and products that will enable the EU to become a world leader in the clean transition.
• Public procurement and incentives for private purchases: Using public procurement to support sustainable industrial ecosystems and create jobs. The Commission will focus on simplifying carbon accounting methods.
• Supporting the deployment of low-carbon hydrogen: Supporting the development of the hydrogen value chain in the EU.
• Public and private investments: Mobilising investment in decarbonisation and clean energy, through a combination of European, national and private resources. The EU needs to increase its annual investment in industry, energy and transport by around €480 billion. InvestEU is the EU's main instrument for leveraging private investment.
• Skills and quality jobs: Supporting skills development and reskilling of workers to ensure a just transition.
• Implementation in various industries: Adapting measures to the specific needs of individual industrial sectors, such as the automotive, chemical and steel industries.
• Global markets and international partnerships: Achieving goals through international cooperation.

Between measures includes:

• Targeted amendment to the Regional Development Regulation
• Establishment of an industrial decarbonization facility
• Launch of a pilot auction within the Innovation Fund
• Increasing InvestEU's risk-bearing capacity
• EIB vehicle for broader IPCEI support
• Adoption of a new State aid framework for clean industries
• Recommendation to Member States to adopt tax incentives to support the Clean Industrial Deal
• First list of strategic projects under the Critical Raw Materials Act
• Creation of clusters for critical raw materials for joint purchasing and strategic stock management

The Commission will closely monitor progress towards achieving the decarbonisation and competitiveness objectives. Spring

Glossary of key terms

• Clean Industrial Deal: A common roadmap for the competitiveness and decarbonisation of European industry.
• Decarbonization: The process of reducing carbon emissions, particularly carbon dioxide (CO2), associated with industrial activities.
• Reindustrialization: Revival and strengthening of industrial production in Europe.
• NEACPs (National Energy and Climate Plans): National energy and climate plans, national strategies for achieving EU climate goals.
• PPA (Power Purchase Agreement): An agreement to purchase energy directly from the producer, often from renewable sources.
• EIB (European Investment Bank): European Investment Bank, an EU institution providing financing for projects that support EU policy objectives.
• Circular Economy: Circular economy; an economic system in which waste is minimized and the reuse of materials and products is maximized.
• Industrial Decarbonisation Accelerator Act: Legislation aimed at accelerating permitting processes for industrial decarbonization projects.
• Union of Skills: An initiative to better match skills and education with labour market needs in Europe.
• European Fair Transition Observatory: The European Just Transition Observatory, which monitors and assesses the impacts of decarbonization on workers and communities.
• CBAM (Carbon Border Adjustment Mechanism): A carbon footprint adjustment mechanism at EU borders, aimed at preventing carbon leakage.