What is the SET Plan?
The (SET) Plan aims to achieve the EU’s energy and climate goals and make Europe a global leader in clean energy and energy efficiency technologies.
The plan does this by:
helping to coordinate national research and innovation (R&I) activities in developing low-carbon energy among EU Member States and 4 associated countries (Norway, Iceland, Turkey and Switzerland)
aligning national R&I programmes with its agenda.
It is becoming more crucial that public and private investments are channelled towards the technologies needed for the energy transition. The SET Plan steps up cooperation between governments, industry and research institutes to leverage the use of R&I funding schemes for clean energy.
On 20 October 2023, the European Commission adopted a Communication on the SET Plan revision. The Communication on the revision of the Strategic Energy Technology (SET) Plan aims to harmonise the original SET Plan strategic objectives with the European Green Deal, REPowerEU and the Green Deal Industrial Plan, notably the Net-Zero Industry Act. It ensures a unified approach towards achieving Europe’s decarbonisation goals, supporting European strategic net-zero energy technologies, and building a sustainable and resilient energy future.