In its conclusions from 29 February, the EU Competitiveness Council re-stated the need for “a balanced and comprehensive approach to assist energy-intensive industries in modernising, innovating and adjusting to long-term changes in global value chains and market trends, which should aim at creating a business environment enabling EU industry to compete on global markets”.

They also took note of the messages from the Conference on Energy-intensive Industries on 15 February, including reducing regulatory and ETS-related costs on industries facing the strongest international competition.

See more information about the Council meeting here.