EU is looking to triple funding of energy research

Friday, 09 October 2009
imagee/euro2.jpg In an attempt to hold its own in a technology race with Japan and the US, the EU is looking to triple funding into RD&D in energy research and clean energy technologies, says Reuters.

In an attempt to hold its own in a technology race with Japan and the US, the EU is looking to triple funding into RD&D in energy research and clean energy technologies, aiming to spend an additional EUR 50 billion over the next ten years. Research areas will include solar and wind energy, CCS, materials science, and EUR 11 billion for “Smart Cities”.

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