Allow battery makers to benefit from renewable power, governments urged
Industry groups have warned Europe’s energy transition could be hampered if incoming rules on battery manufacturing do not allow firms to factor in long-term contracts for renewable electricity when calculating their carbon emissions. The EU has been actively promoting domestic battery production amid growing geopolitical tensions and fears of undercutting by market leader China – with strict environmental criteria designed to favour greener, European manufacturers. But draft rules on calculating indirect ‘scope 2’ emissions do count ‘power purchase agreements’ (PPA) for green electricity desp...