The Cleantech Reality Check series, developed by Breakthrough Energy in partnership with Cleantech for Europe, and featuring analyses by Systemiq, takes a hard look at the numbers, concluding EU cleantech manufacturing is at risk of going into reverse.
The third of our Cleantech Reality Check series considers three sectors of critical importance for Europe’s – old and new – industrial base.
In the former camp, we analyse steelmaking, long a pillar of Europe’s industrial heritage, which faces a dual challenge: enhancing productivity in an intensely competitive global market that suffers from overcapacity, while also cutting emissions. In the latter category, we examine batteries and electrolysers, two pivotal clean technologies vital to the world’s green transition and Europe’s competitiveness agenda, both of which are scaling far too slowly to meet ambitious targets and build out global market share.