Geotherm fora factsheet about Net Zero Industry Act (NZIA)

The NZIA was proposed by the European Commission in March 2023 and the agreement on the proposal EU/2023/0081 was reached in the trilogues in February 2024. Its aim is to scale up the manufacturing of
clean technologies in the EU that have a strategic role in reaching net-zero in order to strengthen competitiveness and make the energy system more secure. More specifically, the objective is for the Union’s overall strategic net-zero technologies manufacturing capacity to approach or reach 40% of its deployment needs by 2030.

Read the full factsheet.