Activity Report 2012 - Eurelectric
Activity Report 2012 - Eurelectric
Activity Report 2012 - Eurelectric
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InnovaTIon aCTIon<br />
pLan: shapInG EURopE’s<br />
InnovaTIon poLICy<br />
Europe’s power sector is currently undergoing major<br />
changes, opening up numerous possibilities for fascinating<br />
innovation related to the low-carbon transition.<br />
This transition can be perceived as an exciting<br />
opportunity, but also as a challenge. The power industry<br />
today must address topics that are still fairly new:<br />
e-mobility, smart grids, decentralised and variable<br />
generation, the link between electricity and ICT<br />
systems. It is preferable to anticipate this change rather<br />
than to run after the future – Europe cannot afford to<br />
miss the boat.<br />
The change is about technology and strategy, but also<br />
about mind-set, mentality and culture. Unfortunately,<br />
Europe’s policy on research and development, on innovation,<br />
and on investment in innovation is fragmented.<br />
There is a clear lack of prioritisation, coherence, and<br />
methodology. How is it possible that Europe, which<br />
has invested so heavily in new technologies like solar<br />
photovoltaic, has not been able to translate this into<br />
competitive advantages on the global market?<br />
16 eurelectric activity report <strong>2012</strong><br />
EURELECTRIC believes that the EU’s energy innovation<br />
policy framework must be improved. A well-developed,<br />
targeted innovation policy for energy is needed. Such a<br />
pragmatic refocusing will result in innovative, cuttingedge<br />
products that can be exported to the rest of<br />
the world.<br />
Our Innovation Action Plan strives, first, to anticipate<br />
the future, and seeks secondly to address the ‘how’ of<br />
innovation in Europe, developing recommendations for<br />
making it a success. Which technologies are driving<br />
the change? Which regulatory framework is needed to<br />
facilitate and support the change, to avoid setbacks,<br />
stranded investments and U-turns? The project is run by<br />
a dedicated task force and will build on the results of<br />
a study by McKinsey. A high-level conference and a<br />
specific panel at the EURELECTRIC Annual Conference<br />
in June 2013 will conclude the project.