7th Framework Programme for Research and Technological Development (FP7)
FP7 is the EU's main instrument for funding research and runs from 2007 to 2013. More than 50% of FP7's budget for non-nuclear energy research will go to renewable energy and energy efficiency. However, a comparison with the funds available for nuclear energy R&D reveals that on an annual basis, renewable energy and energy efficiency will receive just 31 % of the sum available for nuclear energy research. The budget for renewable energy projects should be increased dramatically at the mid-term review of FP7.
EREC’s Position Papers on R&D issues