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The Atlas project for energy technologies reflects on its work

The Atlas project, an EU initiative to study the current and future markets for more than 50 innovative energy technologies has published a summary of its work. The project, which took a 'bottom-up' approach, now reports that these markets are not only growing, but also that E...
The Atlas project, an EU initiative to study the current and future markets for more than 50 innovative energy technologies has published a summary of its work. The project, which took a 'bottom-up' approach, now reports that these markets are not only growing, but also that European energy technology suppliers are well placed to compete in the global energy markets of the future.

There are still some important technological challenges to be overcome, according to the report, and for many technologies, the priority is now to reduce costs and overcome institutional and market barriers. Yet, the Atlas project found that the innovative technologies it looked at offer potential benefits in terms of improved services, reduced environmental pollution, wealth creation, and/or improved security of energy supplies.

The report stresses how the innovative technologies, which are being developed by the EU, can provide a quality of service to users that can equal or even better conventional energy technologies. It advises that market frameworks be developed in the EU to support the additional costs often involved in innovative energy technologies.

Further RTD is needed, says the Atlas project, to improve performance and reduce manufacturing costs. Drawing conclusions from their observations, the Atlas project team stress the importance of feedback from research teams to the energy users and how this can be greatly assisted by demonstration projects. These, says the Atlas team, are far more cost effective when managed at an EU level, minimising financial and technical risks.

Source: European Commission, DG XVII

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