Tech leaders call for 25% of EU budget to secure Europe’s energy and digital future
Tech.eu Cate Lawrence
DIGITALEUROPE’s industry leaders urged EU policymakers to commit to electrification, faster digital grid permitting, and more European-made critical technologies. They want 25% of the next EU budget (from a proposed almost €2 trillion for 2028–2034) directed to critical and digital technologies. The proposal would speed grid digitalisation and startup-to-commercial funding by funding decisions within 90 days, with procurement and other finance tools to help scale deployments.
Why it matters
With winter approaching, Europe has already paid an estimated €50 billion extra for fuel since the Strait of Hormuz crisis began, without securing a single additional barrel — a stark reminder of its ...