A Comprehensive Analysis of Public and Private Funding for Photovoltaics Research and Development in the European Union, Norway, and Turkey

Juan Francisco De Negri, Simon Pezzutto, Sonia Gantioler, David Moser and Wolfram Sparber
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Juan Francisco De Negri: Institute for Renewable Energy, European Academy of Bolzano (EURAC Research), Viale Druso 1, 39100 Bolzano, Italy
Simon Pezzutto: Institute for Renewable Energy, European Academy of Bolzano (EURAC Research), Viale Druso 1, 39100 Bolzano, Italy
Sonia Gantioler: Institute for Renewable Energy, European Academy of Bolzano (EURAC Research), Viale Druso 1, 39100 Bolzano, Italy
David Moser: Institute for Renewable Energy, European Academy of Bolzano (EURAC Research), Viale Druso 1, 39100 Bolzano, Italy
Wolfram Sparber: Institute for Renewable Energy, European Academy of Bolzano (EURAC Research), Viale Druso 1, 39100 Bolzano, Italy

Energies, 2020, vol. 13, issue 11, 1-23

Abstract: This study aimed to examine the financing of photovoltaics research and development by analyzing funding from public (European Union and national budgets) and private sources (enterprises), Strategic Energy Technology Plan participating countries being the main focus (European Union Member States plus Norway and Turkey). In the coming years, photovoltaics are expected to heavily contribute towards the achievement of audacious climate and energy objectives. Continuous monitoring of the effects is of great importance to assess a course of action taken at such a large scale. It will be revealed that the distribution of funding provided by national budgets highly concentrates on a few Member States, which is part of a general trend in Research and Development within Europe. Approximately 85% of the current European investment provided by the EU budget is administered in the framework of the Horizon 2020 (2014–2020) program; private investment behaves differently. The European photovoltaics manufacturing market has been obliterated by low-budget imported goods. A major characteristic is that the remaining companies are almost exclusively privately held. Gathering data has consequently been a challenge, as opposed to the readily available public datasets.

Keywords: photovoltaics (PV); research and development (R& D); European Union (EU); Strategic Energy Technology Plan (SET-Plan); innovation; 2030 (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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