Raffaele Liberali, Director of Energy Research, DG Research, European Commission, in charge of the implementation of the Non-Nuclear Energy priority of the 7th Framework Programme, discussed the EU’s Strategic Energy Technology-Plan (SET-Plan) which is meant to accelerate innovation of low carbon energy technologies whilst encouraging European industry to turn threats of climate change and insecurity of supply into opportunities to increase competitiveness. This meeting was held following the June 10 EU-U.S. Summit in Brdo, Slovenia, where transatlantic cooperation in energy research and technology development was highlighted. The U.S. perspective was presented by Dr. Phyllis Yoshida, Deputy Assistant Secretary for International Energy Cooperation, U.S. Department of Energy.