ABB_id2059
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.


Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015