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

Annual Installed Capacity Significantly Increases

While the global market was under the haze of the epidemic and many countries were still in lockdown, the energy storage market showed extremely strong resilience and began to recover and grow since Q3 and Q4 of 2020. According to the BloombergNEF report, the global energy storage market in 2020 has developed faster than expected,…

Read More

Ultracapacitor UPS (U-UPS) for voltage dips and micro-interruptions

Power interruptions are the most frequent power supply problems with wide-ranging consequences for industry. The causes of these interruptions include short-circuits in the distribution grid, lightning strikes, the connection and disconnection of power plants as well as volatile energy producers such as wind and solar. Because technologies and production processes are becoming increasingly complex, the…

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

★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