Policy Department Renewable Technologies

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Policy Department Renewable Technologies ( policy-department-renewable-technologies )

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Assessment of Potential and Promotion of New Generation of Renewable Technologies ____________________________________________________________________________________________ Figure 15: R&D intensity of EU-15, Japan and the US (all sectors) Source: Chart by the author based on [Uppenberg 2009], Table 3, p. 16. 2.2.2. Energy R&D financing and investment in the EU According to the Joint Research Centre’s Reference Report [JRC-IPTS 2009c], the total R&D budget (both public and private) for SET-Plan priority technologies (including nuclear) in 2007 amounted to €3.32 billion, out of which 72% of this budget (€2.38 billion) is going to non-nuclear SET-Plan priority technologies. According to the same report, the total EU contribution to the non-nuclear SET-Plan priority technologies in 2007 (based on FP6 annual average R&D expenditure) amounted to 7% of the € 2.38 billion, thus representing approximately €166.6 million. In contrast, no detailed information is yet publicy available for FP7 funds allocated to the non-nuclear SET-Plan priority technologies, as the programme is still running. Nonetheless, a good indication of allocated EU funds to R&D for non nuclear energy is provided by the global planned budget for the entire framework period (2007-2013). Overall, the EU contribution to R&D for non nuclear energy through the FP7 is estimated in FP7 at € 2.35 billion (approximately € 335 million per year), hence representing a substantial increase compared to FP6 [European Commission 2009a] [CORDIS 2010]. IP/A/ITRE/ST/2009-11 & 12 47 PE 440.278

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