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1/9/12

EU energy research funding puts 2020 alternative energy targets at risk

The European Commission today unveiled 'Horizon 2020' - its proposal for a new Framework Program for Research and Innovation for the seven years from 2014 to 2020. 



EU funds for non-nuclear energy R&D double in the new research budget proposed today by the European Commission - but are nothing like enough to fund what the European Commission says is necessary to achieve its 2020 targets.
 


Under the proposal, all non-nuclear energy gets only 7.5% of the research budget - 6.5bn Euros out of 87.7bn Euros. Nuclear alone gets 1.8bn Euros for just five years under Euratom - as well as additional funds for ITER (and even a slice of the SET Plan).

R&D for low-carbon technologies (contained in the SET Plan as part of the 6.5bn Euros for non-nuclear energy) appears to be severely underfunded in the proposal published today. 


For more: European Wind Energy Association - EWEA: EU energy research funding puts 2020 targets at risk

Illustration: EU-digest

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