The objective of energy research under FP7 is to aid the creation and establishment of the technologies necessary to adapt the current energy system into a more sustainable, competitive and secure one. It should also depend less on imported fuels and use a diverse mix of energy sources, in particular renewables, energy carriers and non polluting sources.
Why is it important?
Growing global demand for energy to power economic development and growth demands the development of cost-effective technologies for a more sustainable energy economy for Europe (and world-wide) to ensure that European industry can compete successfully on the global stage.
What will be funded?
The EU Member States and the European Parliament have earmarked a total of € 2.35 billion for funding this theme over the duration of FP7.
Emphasis will be given to the following activities: