in News Departments > FYI
print the content item

The European Parliament's Energy and Research Committee has voted to allocate 6 billion euros to renewable energy, energy storage, energy-efficiency and smart grids, the European Wind Energy Association (EWEA) says.

The investment represents approximately three-quarters of the next energy research budget.

"[Members of European Parliament have understood how crucial wind energy and other renewables are to the [European Union's] economic growth, technology leadership and fighting climate change, and that sufficient R&D funding is essential to further their development in line with the EU's climate and renewable energy priorities,” notes Vilma Radvilaite, EWEA’s regulatory affairs adviser.

"With 75% of its energy funding going to renewables, energy efficiency, smart grid and storage technologies - and an additional 15% going to the Intelligent Energy Europe Programme - Horizon 2020 gives a real boost to green growth,” she adds.

The committee also boosted transparency and clarity for wind energy research by agreeing on dedicated and separate budget lines for wind energy and the other strategic energy technology plan technologies.



Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Hybrid Energy Innovations 2015
Renewable NRG_id1934
Canwea_id1984