EU Parliament Budgets €6 Billion for Clean Energy

From Domesticfuel.com

By Joanna Schroeder

The EU Energy and Research Committee (ITRE) voted to allocate 6 billion Euros to clean energy research. This is nearly two-thirds of the entire energy research budget, of 80 billion Euros, to cover renewables, energy efficiency, smart grids, and storage.

“MEPs have understood how crucial wind energy and other renewables are to the EU economic growth, technology leadership, fighting climate change, and that sufficient R&D funding is essential to further their development in line with the EU’s climate and renewable energy priorities,” noted Vilma Radvilaite, Regulatory Affairs Advisor at the European Wind Energy Association (EWEA).

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