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Policy Department A: Economic and Scientific Policy ____________________________________________________________________________________________ Public R&D spending Figure 29: Public R&D funding for bioenergy by country Source: IEA: Global Gaps in Clean Energy Research, Development and Demonstration published, 2009 and on- line R&D Statistic data Data on this chart are based on two distinct sources: the IEA report “Global Gaps in Clean Energy Research, Development, and Demonstration published in December 2009 and the IEA online RD&D Statistics database. They reflect the most up-to-date information available for each country in those two sources. 2009 data: Germany and the US. 2008 data: UK, Denmark, Italy, Hungary, Brazil, Canada, Japan. 2007 data: Finland, France, Austria and Belgium. 2006 data: Netherlands. Dollar/Euros exchange rate used for calculations: US$ 1 = 0.73 € From a global perspective, the United States is the country that by far invests the most in bio-energy, followed by Brazil and Canada. Following is a group of countries composed by the Netherlands, Finland, France and Germany that provide significant public support for the sector, comparable in size with Canadian expenditures. Other Member States such as the UK, Denmark, Italy and Austria also show strong interest in this sector by investing between 10 and 20 million € of public money on a yearly basis. The European Commission through the 6th Framework Program provided around €14 million for R&D in bioenergy. Venture capital and corporate spending Bioenergy R&D in Europe and Israël received $128 million in venture capital. Here, figures are down because of the negative publicity of biofuels with regards to its effect on food prices and deforestation. As a result, two thirds of the venture capital in Europe and Israel for biofuels went to biomass. This is a different trend from the global shift in biofuels towards the second generation cellulosic ethanol and algae biofuels. Regarding the data available for corporate and public R&D budgets, it should be kept in mind that it refers to 2007 and therefore reflects the priority it had been given by EU policy. Since then it has been the object of controversy and corporate R&D expenditure might have followed the same direction of venture capital investments and suffered a significant drop during 2008 and 2009. Corporate R&D investments amounted to €269 million, almost equalling wind power and surpassing both PV and CSP. It amounts to an increase of between 10% and 20% compared to 2006. The R&D intensity of the biofuels sector is somewhere around 3.6% to 4.5%. IP/A/ITRE/ST/2009-11 & 12 60 PE 440.278PDF Image | Policy Department Renewable Technologies
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