Following the success of the 1st High-level meeting of the Clean Energy Industrial Forum on Renewables in January 2018, the 2nd edition will evaluate the impact of the revised regulatory framework for renewables on the competitiveness of the EU renewable energy industry's value chain. In this second meeting, the forum will take up the topic of financing.
The Clean Energy Industrial Form on Renewables, as announced in the 'Clean energy for all Europeans' package, is convened by the European Commission and consists of 30 CEOs/leaders from companies and institutions across the value chain of Europe's renewable energy industry. The objective of the forum is to develop recommendations on how to strengthen the industrial basis and the EU value chain for renewable energy technologies, and identify new actions and initiatives for key sectors and segments of the value chain where EU industries should be competitive at global scale to gain new market shares.
The European Commission is the executive body of the EU and runs its day-to-day business. It is made up of the College of Commissioners, 27 European Commissioners, one for each member state, who are each responsible for one or several policy areas. In addition, the 'Commission' also refers to the entire administrative body that supports the Commissioners, consisting of the Directorates-General and the Services.
The European Commission is the sole EU body capable of proposing new legislation. The Commission also performs an oversight function, monitoring whether European legislation is properly implemented in the member states. In the event of non-compliance, the Commission can coerce a member state to comply by starting a legal procedure at the European Court of Justice.