SET Plan Conference: Energy technology development favours climate neutrality and boosts Europe’s competitiveness
Research and innovation in the energy sector promote the twin goals of sustainable climate change mitigation and European industrial leadership. The SET Plan Conference on energy technology, which is currently taking place in Helsinki (13–15 November), is zeroing in on the potential of low-carbon technologies for making European industries more competitive.
In his opening remarks, Finland’s Prime Minister Antti Rinne stressed the importance of energy research and innovation:
“We need to take action in all sectors to achieve the goal of climate neutrality. Research, development and pilot projects in new energy technologies are an important part of the solution. Existing technologies provide a good start, but we must improve them and invent new ones.”
– Prime Minister Antti Rinne
SET Plan – Strategic Energy Technology Plan for Europe
The SET Plan Conference, which has been organised annually since 2008, is being held in Finland for the first time as part of the programme for Finland’s Presidency of the Council of the European Union. The conference provides an opportunity for policy-makers, businesses, academics and stakeholders to evaluate progress on the objectives of the SET Plan, or Strategic Energy Technology Plan for Europe.
Innovative technologies promoting climate neutrality are receiving funding from a number of current EU financial instruments. Starting in 2020, the Innovation Fund will provide funding for the implementation of some major new technological solutions in Europe. One of the many research areas funded by the Horizon Europe framework programme for 2021–2027 will be climate neutral technologies in Europe.
Finland’s Presidency has drawn attention to the EU’s need to raise its profile as a global climate leader by establishing a long-term climate strategy for making the EU carbon neutral by 2050.
EU2019FI backgrounder: Regulation on the governance of the energy union and national energy and climate plans