Presentations of Bio-based Industries joint undertaking and study on KET
On the 6 of November, the ITRE committee will hold presentations by European Commission and the BBI, explaining the way from Horizon 2020 to the JTIs, as one of the possible PPPs foreseen in the basic act, taking as an example, the new Bio-based Industries joint undertaking. The Bio-Based Industries Joint Undertaking (BBI) is a €3.7 billion Public-Private Partnership (PPP) between the EU and the Bio-based Industries Consortium (BIC). The EU contribution (Horizon 2020) is expected to be €975 million, while the Bio-based Industries Consortium will contribute €2730 million.
Furthermore, there will be a presentation of the study on Key Enabling Technologies (KETs) that are crucial for the competitiveness and renewal of European manufacturing. It examines the nature of KETs, and the drivers and barriers to their deployment, including an assessment of the current KETs situation in the EU in a global perspective. A broad overview of European policies and financing instruments precedes an in depth assessment of the role of KETs in Horizon 2020. The analysis continues with a look at their contribution to growth, impact on employment and skills requirements.
Hearing on EU energy security strategy
The ITRE Committee will organise a hearing on 5 November on "EU energy security strategy under the conditions of the internal energy market". The hearing will focus on issues relating to the European Energy Security Strategy that was released in May by the Commission in response to the political crisis in Ukraine and the overall importance of energy security.
Presentation of ACER Market Monitoring Report
On 5 November, Mr Alberto Pototschnig, the ACER Agency's Director and Lord Mogg, Chair of the Board of Regulators will present to the ITRE Committee the latest edition of the Market Monitoring report. In addition, they will give an overview of other ongoing activities of the Agency and discuss issues of current interest with ITRE Members.
With reindustrialization as the overarching aim, the ITRE Committee will have four priority areas on which to concentrate.
First of all, we must ensure that EU’s legal and economic framework enables the European industrial sector to become more innovative. This will require adapting and mobilizing EU’s R&D and education programs to effectively respond to the actual needs of the industry.
Secondly, EU’s policies must boost the development and growth of European small and medium-sized enterprises. Helping strengthen SMEs is as much about financing, as about openness of research programs, skills-development training schemes, or fiscal legislation.
Our third priority area is to build a true European digital market. It is about the advantages of scale of a European market to lower the costs and drive the innovativeness of Europe’s businesses. Both ITRE and the Parliament as a whole can show a very good record in this field – and we will still go further, with new legislation.
Last, but perhaps most importantly, exploiting the full potential of EU’s common energy policy will be a fundamental priority for us. Only with secure energy can we make our economy globally competitive and avoid economic decline.
Our aim is to bring the European economy back on the growth track, and to do so in a sustainable way. We want to make Europe a better place to live.