Page 47 - European Energy Innovation magazine - autumn 2022 edition
P. 47

Autumn 2022 European Energy Innovation
                                                                               RENEWABLE ENERGY        47






 Using the European Parliament’s


 recent support of innovative




 renewables to transform the


 energy industry





 By Wolfram Sparber (pictured)

























            streamlined permitting processes and   ETS Innovation Fund. A final version of     [Improve] in a least one way
            regulatory sandboxes encouraging   the list would then be published and   comparable state-of-the-art
            (for example) the combination of   soon after measures implemented.    renewable energy technologies
            technologies with complementary                                      or [make] exploitable a largely
            characteristics.                 A 3-year revision cycle seems like   untapped renewable energy
                                             the right balance between ensuring   resource and involves a clear
            Keep the measures trained on the   the list is up-to-date and the    degree of risk, in technological,
            right technologies               administrative burden of running the   market or financial terms, which
            What is “innovative” today will   consultation process and tailoring   is higher than the risk generally
            likely not be innovative in 3 years.   supporting measures. The preparation   associated with comparable non-
            A process is needed to periodically   of lists or updates could be made   innovative technologies or activities
            revisit the list of specific technologies   to fit the 5-year National Energy
            falling under the definition of   and Climate Plan cycle or a new    Box 1: ITRE’s definition of an
            “innovative” (see Box 1).        process under the Strategic Energy   “innovative renewable energy
                                             Technology (SET) Plan (see Box 2).   technology” borrowing language
            We envisage the Member States    NECPs require Member States to      from the Guidelines on State
            consulting on a first draft of their   detail their planned deployments of   aid for climate, environmental
                                                                                 protection and energy 2022. It
            list, i.e. considering comments from   renewable energy technology and   combines three notions. The
            the renewable energy community   the policies for realisation. They   third of these is “risk”, including
            (or wider) and accepting valid ones.   can make a special effort to do this   “market risk” which differs from
            Evaluation by peers is the tried-and-  for advanced technology, too, for   country to country and would
            tested means to judge the innovative   example under the R&I dimension,   allow a country not considered
                                                                                 “innovative” in one country to
            quality of proposals in major EU   which the European Commission     be considered “innovative” in
            programmes like Horizon Europe and   wrote in 2020 was neglected.    another.


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