The status of a net-zero strategic project can be obtained by a project that contributes to achieving the objectives set out in the Net-Zero Industry Act and meets at least one of the criteria below. For example A 1 or B 2.
A) the project adds manufacturing capacity in the Union for a net-zero technology,
- for which the Union depends for more than 50 % on imports coming from third countries
- which has significant impact on the climate or energy objectives of the Union
- of which the Union’s manufacturing capacity represents a significant share of world production and which plays a crucial role in the resilience of the Union
B) the project has a clear positive impact on the Union’s net-zero industry by providing access to new or best available technology, and the project
- puts into place measures to attract, retain, upskill or reskill a workforce required for net-zero technologies
- contributes to the competitiveness of SMEs as part of the supply chain of net-zero technologies
C) the project manufactures net-zero technologies through practices that implement improved environmental sustainability and performance or circularity features, including comprehensive low-carbon, energy, water or material efficiency and practices that significantly and permanently reduce emission rates of CO2-eq.
The status of a net-zero strategic project can also be granted to a CO2 storage project or a related CO2 capture or transport infrastructure project.
The CO2 storage project has to meet all of the following criteria:
- The CO2 storage site is located in the territory of the Union, its exclusive economic zones or on its continental shelf
- The CO2 storage project contributes to reaching the Union’s CO2 storage objective
- The CO2 storage project has applied for a permit for the safe and permanent geological storage of CO2.