European Commission To Bet €2 billion On ‘Disruptive’ Clean Technologies

The European Commission is betting on disruptive clean technologies to give the EU a competitive edge, as part of its energy and climate “winter package”.

A draft innovation strategy seen by Climate Home ahead of its official launch on Wednesday prioritised a more open and accessible power system.

“The transition to a low-carbon and climate-resilient economy will require a more decentralised, open system with the involvement of all society,” said the Commission paper.

“The energy system has traditionally been marked by the dominance of large companies, incumbents and large-scale, centralised technological projects. But in future the consumer has to be at the centre of the energy system.”

It is earmarking more than €2 billion for research into energy storage, electrified transport, nearly-zero energy buildings and integrating renewables, under the Horizon 2020 programme for 2018-20.

That represents a 35% annual budget increase on 2014-15 funding levels, according to the draft.

A separate €5-10m prize will reward breakthroughs in artificial photosynthesis, nearly-zero energy building design, community-based energy trading and social innovation in energy or transport for cities.

“We are seeing a moment of political caution in Europe,” he said. “But it is elements like the clean energy innovation strategy that are trying to put in place the upstream research and development structure to not only meet the targets but overachieve them.

“If this succeeds, it should cause quite radical disruption in the market.”

Read Full Article

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

LATEST ARTICLES

Product Development: Embracing product safety and compliance

PRODUCT DEVELOPMENT: EMBRACING PRODUCT SAFETY AND COMPLIANCE Recent safety incidents on storage plants have raised concerns about the fire safety of battery storage systems. Such events are extremely rare compared to the cumulated global deployments of energy storage systems, which have reached more than 27 GWh by end of 2020 (Wood Mackenzie 2021). However, for…

Read More

Battery Storage for Commercial & Industry

Powerful battery storage offers many advantages in terms of saving electricity costs and a reliable power supply. With this technology, companies retain control of their energy supply and costs. The battery storage system is charged when energy is cheaply available and it supplies the stored electricity when prices are at their highest. With applications such…

Read More

The UK National Energy Grid – A Story of Islands, Trading, and Energy Storage

As first seen in Energy Global, grid software acts as a modern-day map, helping to chart and navigate today’s energy grids; software engineers are tasked with carefully delineating how each region’s energy markets operate. However, looking more closely at energy markets makes clear how unique each market is – each defined by different topography, resources,…

Read More

★REVIEWS

“Probably the most interactive and well organized storage event on the calendar.”

★★★★★

Sales Director, S&C

“Great topics, competent speakers, good networking: keep it like that.”

★★★★★

TLC & SCADA Manager, FRI-EL

“High scientific content, well targeted, perfect organization.”

★★★★★

Expert Technical & Governance, Elia

Excellent networking event. The sponsorship was well worth it.”

★★★★★

Manager, ATL

View More

x