PRESS RELEASE

28 June 2024

COGEN Europe, the European Association for the Promotion of Cogeneration, welcomes the decision by EU leaders to adopt a Strategic Agenda for the next five years, up until 2029. The cogeneration sector is calling on the EU institutions to put in place an ambitious and stable regulatory and financial framework that encourages and supports investments in clean and efficient technologies, including cogeneration.

On Thursday (27 June 2024), political leaders from the 27 EU Member States reached an agreement on the European Union’s Strategic Agenda for 2024-2029. This document lays down the EU’s political priorities for the next five years and provides guidance to the incoming European Commission, whose President and members will be chosen and confirmed in the coming months.

The Strategic Agenda confirms that EU leaders are determined to strengthen economic competitiveness whilst ensuring that Europe will become the first climate-neutral continent. They are committed to accelerating the energy transition and securing the supply of abundant, affordable and clean energy. They also promise to create a more supportive environment for scaling up Europe’s manufacturing capacity for net-zero technologies and products.

Reacting to the discussion on the EU’s strategic priorities for the next five years, COGEN Europe’s Managing Director, Hans Korteweg said: “We welcome EU leaders’ commitment to making the energy transition a success, while boosting Europe’s competitiveness and leaving no one behind.”

“With a strong manufacturing base in Europe, cogeneration technologies offer efficient and cost-effective solutions that enable industries, cities and regions in all of the EU Member States to reduce their emissions and provide a resilient pathway to net-zero.”

“Going forward, we strongly encourage the EU institutions to develop an ambitious and stable regulatory and financial framework that encourages and supports investments in clean and efficient technologies, including cogeneration. This will also contribute to enhancing Europe’s industrial leadership and economic competitiveness.”

 

 

Further information

EU Strategic Agenda 2024–2029 (adopted by the European Council on 27 June 2024)

COGEN Europe’s contribution to the European Commission’s Consultation on an EU climate target for 2040 (23 June 2023)

Towards an efficient, integrated and cost-effective net-zero energy system in 2050. The role of cogeneration (Artelys 2020)