The EU 'new trio' industrial subsidy policy in the name of green transition

A SAIC model is driven into a cargo ship headed to Europe. Especially after the release of the European Green Deal in 2019, the EU has increasingly focused on the clear energy transition, vigorously promoting the development of new energy industries, including the "new trio”. EMPHASIS ON THE DEVELOPMENT OF NEW AND RENEWABLE ENERGY SOURCES SINCE THE 1980S The Council of the European Communities issued the Resolution concerning Community Energy Policy Objectives for 1990 and Convergence of Policies of the Member States, and the Resolution on a Community Orientation to Develop New and Renewable Energy Sources in 1980 and 1986, respectively. After the establishment of the EU, the European Commission successively issued a number of energy industry policies and progressively increased its attention to new energy industries covering "new trio”. FORMAL ESTABLISHMENT OF ENERGY STRATEGIC OBJECTIVES WITH A FOCUS ON THE DEVELOPMENT OF NEW AND RENEWABLE ENERGY SOURCES In 2006, the European Commission published the Green Paper: A European Strategy for Sustainable, Competitive and Secure Energy, which formally established the three objectives of sustainability, competitiveness, and security of supply for the EU's overall energy strategy.