Europe Delivers

Europe faces acute dependencies in critical minerals. China dominates with ~70% of lithium refining and ~90% of rare earth and graphite production. Europe produces only ~20% of its 4.1 million tonnes annual copper demand and faces a 93% structural deficit in primary aluminium production by 2030. Copper deficit projections show 150,000-330,000 tonne refined shortage in 2026, escalating to a 30% supply gap by 2035. AI data centres alone will increase copper demand by 500,000 metric tons annually by 2030. We aim to aggregate demand, reduce supply risk, and improve investment visibility to strengthen European strategic autonomy. Support refining and processing capacity while securing long-term volumes.

Europe's power system is becoming harder to balance. The EU renewable share has grown 76% over 15 years and is predicted to reach 45% by 2030. Weather-dependent generation creates balancing challenges that will intensify. Without flexibility solutions, redispatch costs will surge 1,200% to reach €26 billion by 2030. Meanwhile, infrastructure vulnerabilities are rising: natural disaster events increased 7% between 2010-2024, and new armed conflicts rose 50%, with energy infrastructure remaining a central target for sabotage and cyberattack. We aim to reduce system imbalance, lower delivery risk, and enable flexible load participation.

As AI adoption scales, the competitive edge shifts from data quantity to data quality. Minor to moderate quality issues reduce AI model accuracy by under 7%, but very low data quality can reduce model accuracy by as much as 84%. Europe needs to ensure high standards of industrial data quality to keep AI value creation within Europe. We aim to strengthen model performance, improve use-case accuracy, lower development costs, and keep more AI value creation within Europe.