A non-legislative draft report on how to boost clean energy innovation and make the energy system more efficient and affordable was debated and voted by ITRE MEPs earlier in February.

A stable market and the predictability and certainty of a regulatory framework, along with an ambitious and deliverable long-term policy vision are the prerequisites for “Accelerating Clean Energy Innovation”, said ITRE MEPs in their vote on a draft non-legislative text prepared by Jerzy Buzek (EPP, PL).

MEPs further called for an increased overall budget of at least EUR 120 billion for FP9, saying that the financing for sustainable, low-emission energy projects should increase by at least 50 % over and above the corresponding Horizon 2020 amounts, so as to ensure sufficient funding to support EU’s energy transition and the effective implementation of the Energy Union.

A greater coherence between the relevant funds, including structural funds, dedicated to clean energy projects would be necessary, said MEPs, expressing concern about the large number and complexity of existing financial instruments.

Source: http://www.europarl.europa.eu/