Community Research and Development Information Service - CORDIS

FP7

FP7 Research Priorities for the Renewable Energy Sector

Funded under: FP7

Abstract

After increasing its turnover tenfold from 1.5 billion EUR in 1990 to 15 billion EUR in 2004, the European renewable energy1 sector has only just begun to reveal its enormous potential for growth. As its contribution to Europe's economy grows, so will its workforce, with 1 million expected to work in the sector by 2010. Technology-focused small- and medium-sized companies with an ability to assimilate and commercialise new scientific knowledge are the driving force behind the renewable energy industry's expansion.
Given the high importance of these objectives, and the EU's aspirations for the renewable energy sector, the decline in public financial support for renewable energy research at EU and Member State level is a worrying trend that must be reversed. In recent years, EU funding has dropped from 400-450 million EUR in FP4 and FP5 to approximately 380-410 million EUR in FP6. Direct funding by the Member States of EU-15 slumped from 300 million EUR to 250 million EUR between the start and end of the 1990s, but has since shown evidence of rallying slightly. As an emerging industry, the renewable energy sector needs a supportive political and legal framework to reach its full potential, which includes strong public investment in research and development and better incentives for private-sector research spending.
The content of the following chapters is a first for the European renewable energy sector, for they describe the outcome of a joint discussion, in some cases conducted over as much as three years, between representatives from research and industry. The result is a collection of research priorities for each technology that could serve as useful input to the future FP7 work programme.

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Record Number: 6895 / Last updated on: 2005-06-28
Category: POLI