PDF Publication Title:
Text from PDF Page: 115
Assessment of Potential and Promotion of New Generation of Renewable Technologies ____________________________________________________________________________________________ Moving away from direct public procurement, where private stakeholders are only in charge of implementing the program, PPPs allow for a stronger “buy in” attitude and commitment, raising the attractiveness of the financial projects. Focus on the Fuel Cell and Hydrogen Joint Undertaking (FCH JU) Despite the fact that Fuel Cell and Hydrogen (FCH) technologies are not in the scope of this study, we deem the review of the FCH JU as important because it is one of the first PPP having been implemented in the field of low-carbon technologies. Fuel Cells and Hydrogen technologies are low carbon technologies, which share similarities with the new generation or RE technologies: they constitute high risk, long term and complex investment. The FCH JU was established by a Council Regulation on 30 May 2008, following long preparatory and cooperation activities within the European Hydrogen and Fuel Cells Technology Platform. (HFP) In making the case to establish a PPP for FCH technologies, the industry stakeholders had outlined a series of strategic elements, sustaining in their opinion, the need to create such a PPP.29 According to the Industry, the creation of the PPP would lead to the establishment of a long term, consistent and coordinated strategy for RTD&D activities in the field of fuel cells and hydrogen, as well as the definition of common ambitious aligned objectives, steered by the industry. Although the PPPs present advantages in terms of funding & communicating low-carbon program, private financial investment in RDI via PPP needs to be scale up considerably, for this the structure and operations of the PPPs need to be efficient. However, section 3.3.3 notes a number of areas of concern which can undermine considerable the different JTIs and EIIs. 3.3.4. The Costs of the SET-Plan and the need for a leap in public funding As stated in section 2.2 the present investment in R&D (public and private) for the SET Plan group of technologies is estimated at approximately €3 billion annually. The Commission calls for an increase in the combined resources to €8 billion a year or €50 billion over the next 10 years. The sources of this founding need to be still decided, and should be based on a mix of EU, national, public and private sources. To realise the ambitions of the SET Plan, there is a need for a generous level of financing, and the Commission estimates that the additional resources needed over the next decade should be of €50 billion, or in excess of €8 billion a year given the present estimated €3 billion spent in R&D in the SET-Plan energy technology areas. In 2007, for SET Plan technologies €366 million came from the FP7 and Euratom FP7 research programmes. The missing €5 billion founding need to be still found and approved by the member states, based on a mix of EU, national, public and private sources. This is a very ambitious objective, but defendable on the grounds of the climate and energy objectives of the EU and the characteristics of the market for renewables. For the future new renewable technologies, the SET-Plan is, in fact, of central importance. Without a substantial additional public finance effort by the EU and the member states [Aghion et al. 2009] clearly consider a large green innovation drive in the energy sector able to bring Europe into the path to a low carbon economy more than unlikely. 29 HFP Industry Submission to the Impact Assessment of the Joint Technology Initiative on Fuel Cells and Hydrogen, February 2007 IP/A/ITRE/ST/2009-11 & 12 91 PE 440.278PDF Image | Policy Department Renewable Technologies
PDF Search Title:
Policy Department Renewable TechnologiesOriginal File Name Searched:
IPOL_ITRE_ET(2010)440278_EN.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |