Commissioner delivers keynote address at the Strategic Energy Technology (SET) Plan 2013 Conference
"Today, 70% of the total research and innovation investment in SET Plan priorities comes from industry, with 20% from Member States and 10% from the European Commission."
Dublin, 7 May 2013
Ladies and gentlemen,
It is an honour to open this sixth Conference of the Strategic Energy Technology Plan.
I'm delighted to have the opportunity to talk to such an expert audience about the developments on the horizon for energy research and innovation at the European level.
Energy plays a crucial role in reaching our goal of a sustainable and secure low-carbon economy that meets our climate and energy targets.
And delivering sustainable growth in the vast and expanding energy sector also creates opportunities to boost the competitiveness of European businesses, create new markets and new job opportunities, and strengthen our industrial base.
We rely on top quality research and constant innovation to make these energy goals a reality.
In 2008, the innovation process in energy technology was largely based on national programmes and incentives, using national resources to meet national objectives and targets.