/
/
/
Joint letter: ring-fence funding for renewables & storage technologies

Joint letter: ring-fence funding for renewables & storage technologies

03 Apr 2025

country landscape renewables
Photo by Sergej Karpow on Unsplash

Renewables provided nearly half of Europe’s electricity in 2024 and are growing faster than any other energy source – but not fast enough. The competitiveness and energy security objectives of the Clean Industrial Deal cannot be reached without competitive European renewable energy and storage industries.

In a letter to the European Commission, a group of seven renewable energy and energy storage associations urge Europe to “close the innovation gap” with international competitors in the field of renewable energy and storage technologies. This was also a point identified by the Draghi report and the Clean Industrial Deal. The letter calls on the European Commission to ensure that the Clean Industrial Deal calls in Horizon Europe will deliver on this goal.

Read more:

Related articles

Analysis: high taxes on electricity are slowing heat pump uptake

Countries that tax electricity more than gas see slower adoption of heat pumps and are more dependent on fossi...

28 Nov 2025
How's the electricity to gas price looking?

If you’re paying a lot more for electricity than for gas, you’ll be less keen to swap your boiler ...

18 Nov 2025
EU countries tighten heat pump subsidies, in self-defeating move

How have heat pump subsidies changed in the last two years?  In 2023, we produced an analysis of the subsidies...

18 Nov 2025