NEW EUROPEAN TECHNOLOGY INSTITUTE WILL OFFER EU UTILITIES CUTTING-EDGE RESEARCH PARTICIPATION
April 1st, 2008
BY KEITH NUTHALL
EUROPEAN utilities have often regarded themselves at the cutting edge of technological development worldwide, and now a new European Union (EU) institution is being launched letting them to test their mettle.
An EU regulation establishing the European Institute of Innovation and Technology (EIT) was formally approved last month, triggering preparations for launching this institution next year. It has money to spend - initially just Euro 308 million - expected to increase dramatically over the coming years, with a draft future spending pot of ...
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