CorPower on board European Commission’s renewed Clean Energy Industrial Forum

Swedish wave energy company CorPower Ocean has been appointed to the European Commission’s renewed Clean Energy Industrial Forum.

CorPower’s CEO, and current Ocean Energy Europe’s co-president, Patrik Möller, was invited to join a select number of clean energy sector CEOs and leaders to meet under the chairmanship of the Commissioner for Energy – Kadri Simson.

The aim is to build on valuable work already delivered by the Forum to help achieve the EU Green Deal’s 2030 ambitions.

The first meeting of the renewed Forum was held on 13 October 2021, with top-level industry representatives discussing clean energy topics directly with the Commissioner and senior officials of the European Commission’s Directorate General for Energy.

The current growth rate of the EU’s clean energy industry is not sufficient to deliver and integrate the volumes of renewable energy required to achieve at least 55% GHG reductions by 2030 and deliver the EU’s objectives of reliable, affordable and sustainable clean energy for all, CorPower said.

Meanwhile, the pace of manufacturing capacity growth, innovation and training of a skilled workforce must increase, along with the uptake of smart technologies and services that can help integrate more renewable energy in all end-use sectors.

This will enable the whole value chain to fully play its part in the EU’s clean energy transformation – from extractive and manufacturing sectors to renewable power and heat generation and system integration services, according to CorPower.

The Forum sets itself the mission to put the sector back on this trajectory, and specifically to double the annual growth of the clean energy industry in Europe by 2024 – compared to the period 2010-2020.

The companies represented embrace the ambitious clean energy targets set by the Commission and commit to step up their efforts in order to help the EU achieve those targets.

The Forum will work to identify manufacturing challenges that affect the competitiveness of the EU industry and possible ways to address them.

Also, it will seek to identify common regulatory barriers and provide input for future policy recommendations to overcome those barriers and facilitate the deployment of clean energy in the light of the current and possible future regulatory set up.

The high-level meetings will align with the institutional energy and industrial policy calendar – in particular the Transport, Telecommunications and Energy Council – in order to provide direct input and feedback to policy discussions and to exercises such as the annual clean energy competitiveness progress report.

As announced in the Offshore Strategy, the Commission will establish a working group on offshore renewable energy.

Other groups will be dedicated to discussing trade and market access issues, CorPower noted.