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EC upgrades Strategic Energy Technology Plan

EC upgrades Strategic Energy Technology Plan
The European Commission announced on Tuesday that the commission upgraded Strategic Energy Technology (SET) Plan.

According to the announcement, the upgraded SET is the first research and innovation plan on which the fifth dimension of the Energy Union will be built.

The upgraded SET Plan proposes ten focused on actions to accelerate the energy system's transformation and create jobs and growth.

"These actions will contribute to achieve the research and innovation objectives of the Energy Union to: become the global leader in renewable energy; facilitate consumer participation and accelerate the progress to a smart energy system; develop and reinforce energy efficient systems; diversify and strengthen options for sustainable transport; drive ambition in carbon capture and storage deployment; and increase safety in the use of nuclear energy," the announcement stated.

In accordance with the statement, the plan is expected to boost transparency, accountability and monitoring of progress, as well as improve knowledge sharing. 

The upgraded SET Plan will be in the limelight at the SET Plan Conference taking place on 21-22 September in Luxembourg. 

The first SET Plan was established in 2007.

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