Strategic Research and Innovation Agenda for Renewable ... - EGEC

2030CHP plant Industry Buildings Passive buildings, agricultureInput from deep geothermal,biomass, large solar thermalRenewableHeating & CoolingEuropean Technology PlatformHT storage options LT90%9.4 Overall budget expectations100% = 7.6 bn.€100% = 1,180 Mtoe100% RHC 1%Since 2007 numerous Other R&D H&C 6% activities have been carried out at EU and national Other level H&C which 14%allowed the 80% achievement of significant advancements in RHC technology. Only a minorityof research and innovation initiatives have been performed with EU funding from FP7.H&C 33%Nonetheless, the meagre budget that was made available for RHC technology provided60%a vital impulse to the Euratom related 69% industries which achieved cost reductions and crucialperformance improvements.40%Electricity 21%In order to pursue the EU objective of decarbonising the heating and cooling sector,there is a 20% clear RES need electricity for 14% more resources being invested by the European Union andby the Member States. Other energy The R&D RHC-Platform estimates that 4,032 mln Euro areTransportrequired32%(non-nuclear) 10%for the successful 0% implementation of this Strategic Research and Innovation Agendain Europe 86 .Funding for energy researchunder FP7 (2007-2013)Final energy consumptionin EU in 2010Figure 45 illustrates the RHC-Platform’s proposal for the resources expected to becommitted respectively by the European industry (60%), European Commission (20%)and Member States (20%). Over the period 2014 - 2020, on average 576 mln Euro should beallocated annually to RHC research and innovation activities.60%Efficiency vofelectricity yieldPrivate Investments 60%EUR 2,432 millionEuropean Commission 20%EUR 800 million30%20500%Member States 20%EUR 800 millionTfg = 70˚CTfg = 120˚CTfg = 200˚CFigure 45: estimation of total resources required to implement the RHC-Platform’s SRAbetween 2014 and 2020, in million Euro and in %.The EU should put pressure on its Member States to increase their direct national fundingfor renewable energy research. It should lead by example and, as a first step, increase itsRHC research and innovation budget to 114 mln Euro per year. The current economic climateof public spending austerity should not prevent Member States (at aggregate level) to matchthe EU spending in RHC research and innovation, which also represent an investment ineconomic growth, job-creation and sustainable development. Finally, as 60% of the requiredresources should be invested by the private sector, 347 mln Euro is expected to be committedeach year by the diverse industrial components of the RHC sector.60 65862011 Values.87