Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » Ministers give backing to European supercomputer project

    Ministers give backing to European supercomputer project

    npsnps2 October 2018 Research & Technology
    — Filed under: EU News Headline2
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Ministers give backing to European supercomputer project

    Image Blue Gene – PFrom Argonne National Laboratory

    (BRUSSELS) – Ministers on the EU Competitiveness Council adopted a regulation Friday to set up a new European joint undertaking aiming to oversee the pooling of resources into high-performance computing.

    High-performance computing refers to the technologies and the use of powerful supercomputers (interconnecting in a single system or in close proximity of hundreds of thousands or millions of computing units working in parallel) to perform massive and fast computations that are so demanding that they cannot be performed by general-purpose computers.

    The undertaking will oversee the pooling of resources within Europe to develop supercomputers for processing big data, seen as key to research as well as to the digitisation of industry and the data economy. Supercomputing has many practical applications which can help a wide range of industrial and business sectors, as well as users from academia, scientific communities and the public sector.

    “Europe’s scientific capabilities, industrial competitiveness and autonomy depend on having access to world-class supercomputers and data infrastructure,” said Austria’s research minister Heinz Fassmann, for the EU presidency: “High Performance Computing plays a vital role in helping us address issues such as climate change forecasting, advanced medicine modelling and artificial intelligence.

    But we have to coordinate our approach and pool our resources in Europe to be a relevant global player. Today’s decision will enable the Union to develop, deploy, extend and maintain an integrated world-class supercomputing and data infrastructure.”

    The European high-performance computing (“EuroHPC”) joint undertaking will take the form of a public-private partnership. It will provide a legal, contractual and organisational framework to its members. The members of the joint undertaking will be the EU, individual EU countries, third countries associated to the Horizon 2020 framework programme and private associations.

    The joint undertaking will remain open to the participation of new members, and it will run until the end of 2026 and be based in Luxembourg.

    The EuroHPC joint undertaking is to be financed from several sources: the EU’s general budget, individual contributions from participating EU member states, participating third countries and private investment. The financial contribution from the EU’s general budget will amount to € 486 million: € 386 million from the “Horizon 2020” framework programme for Research and Innovation and € 100 million from the “Connecting Europe Facility” programme.

    The joint undertaking is expected to start operating at the latest by early 2019 in order to reach the target of equipping the EU with a pre-exascale and petascale infrastructure by 2020, and developing the necessary technologies and applications for reaching exascale (which allows at least 1018 calculations per second) capabilities around 2022 to 2023.

    The aim is to network existing and new centres of excellence and to set up a long-term ecosystem for supercomputing in Europe.

    A development cycle of the next generation of technology typically takes 4-5 years.

    Text of the regulation

    Competitiveness Council, 27-28/09/2018

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EUSPA logo

    Corporate Services Contracts Officer, European Union Agency for the Space Programme, EUSPA

    Wetlands Kalenberg, Netherlands - Photo by Elly Kelders on Unsplash

    EUR 103m EU funding for strategic environment and climate projects

    Parmelin - von der Leyen - Photo by Dati Bendo © European Union 2026

    EU and Switzerland strengthen ties with package of agreements

    Small businesses - Photo by Fox on Pexels

    Navigating the European Union’s Strategy for Startup and Scaleup Businesses: Guide for Entrepreneurs

    Lithium producing plant - Photo by Glenn Arcos © European Union 2023

    Strategic EU projects on critical raw materials gain momentum

    EUSPA logo

    Senior Legal and Procurement Officer, European Union Agency for the Space Programme, EUSPA

    LATEST EU NEWS
    Mercosur signing - Maros Sefcovic - Photo © European Union 2026

    EU-Mercosur interim trade deal to enter into provisional application

    30 April 2026
    Pet dog at vet - Image by Tima Miroshnichenko on Pexels

    Green light for first EU rules to protect cats and dogs

    28 April 2026
    Rice sacks trade - Image by Thilina Alagiyawanna on Pexels

    Renewed EU trade instrument for development set for 2027

    28 April 2026
    Artificial intelligence - Image by Kohji Asakawa from Pixabay

    Brussels consults on Google measures to give Android users choice on AI services

    28 April 2026
    Car crash - Image by Rico Lob from Pixabay

    Road fatalities in the EU down 2.2 pct in 2024

    27 April 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?