Following on from a rather inconclusive informal meeting of energy ministers in Seville, the EU Presidency has drawn up its first conclusions on investing in the development of low carbon technologies. This is a response to the European Commissions October 2009 communication on financing strategic energy technologies (SET). Delegations discuss the draft on 26 January.rnIn the draft document, ministers vaguely commit to more money going on energy research in the future. The paper underlines that "given the scale of the funding required for the medium term, an increase in the proportion of public investment at EU level will be needed, which should therefore be given due consideration in the next financial framework".
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