EU plans 30 cities to lead world on smart energy | Green Business | Reuters

Posted by Derek on September 16, 2009
News

Europe will select 30 cities to pioneer “smart” electricity grids and space-proven insulation as it seeks to lead the global race for green technology, a draft European Union document shows.

The windpower sector must shift offshore and strive to provide a fifth of EU electricity by 2020 — ahead of industry goals — said a draft of the European Commission’s long-awaited Strategic Energy Technology Plan.

The so-called SET-Plan lays out the EU’s strategy for promoting hi-tech solutions to climate change to give European businesses a head start as the world switches to low-carbon energy.

Billions of euros will have to be poured into research to avoid falling behind the United States, which is pouring $777 million into energy research, the draft, obtained by Reuters ahead of the plan’s release next month, said.

“Basic research is chronically underfunded in the EU,” the report said. “We need to stimulate and incentivize our best brains to push back the frontiers of science.”

via EU plans 30 cities to lead world on smart energy | Green Business | Reuters.

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