EU response to IRA: speed, transparency, planning security

The EU Commission wants planning certainty for the eco-friendly conversion of industry to be a cost-effective response to the US Inflation Reduction Act (IRA). In their upcoming National Energy and Climate Plans (NECP), the EU countries are to set out their renewables expansion targets for the next ten years instead of the current five. This is according to the action plan for wind energy, which the authority presented in Brussels on Tuesday.