100% renewable targets will require power storage to manage flows on the net
Electrolysers utilise these intermittent power flows to produce H2 gas from water
H2 gas can be stored in large quantities underground and transported via existing gas pipelines
H2 vehicles recharge faster and are more durable than battery powered transport
Growing H2 demand in industrial processes will reduce costs and increase supply

European Commission announced the final set of calls for proposals for research and innovation under the Seventh Framework Programme (FP7).

“Knowledge is the currency of the global economy. If Europe wants to continue to compete in the 21st century, we must support research and innovation that will generate growth and jobs. The high level of competition for EU funding makes sure that taxpayers’ money goes to the best projects,” commented Research Commissioner Máire Geoghegan-Quinn, who presented the proposal to the press.

As part of a €10.8 billion budget for research and innovation agreed for 2013, the European Commission has announced an €8.1 billion euro package of calls for proposals under the EU’s Seventh Framework Programme for Research (FP7). This is the final and largest ever package of FP7 calls, and is an important part of the Commission’s commitment to work for growth and jobs in Europe.

The budget and work programme are agreed in 2012 and funding will be awarded in 2013 – closing dates for proposals from September 2012.The calls address key concerns faced by Europeans where action at EU level is essential. €4.8 billion will be invested in thematic areas, with specific priorities to preserve oceans and water, better use of raw materials, efficient energy, promote efficiency in the processing of biological resources, develop smart cities and tackle issues such as public sector reform, brain research and anti-microbial resistance.

Making Europe a destination for world-class researchers is another key priority. The European Research Council will invest over €1.7 billion in the best researchers and additional €963 million will support mobility through “Marie Curie Actions”.

Small and medium-sized enterprises, recognised as vital for innovation, are given special incentives to participate with a total package of €1.2 billion.