Most European-based institutions – not least the European Commission – consider IPRs to be an important aspect (among other issues) in the EU’s ability to compete in the global economy, as EU growth and jobs are hampered when ideas, brands and products are counterfeited and pirated.
Indeed IPRs, including patents, trademarks, design rights and copyrights, can serve as incentives for innovation and can help identify trusted producers. In this context, there is no doubt that the latest Strategy for European Intellectual Property Rights reflects the belief in the IP system as a power-hub for innovation in Europe.
Yet the success of this strategy does not only depend on the EU’s ability to effectively implement this strategy, not least with regard to the registration, protection and enforcement of IPRs in Europe.
The Smart Grid technology will prove essential in meeting the European Commission’s EU2020 objectives (cutting greenhouse gases and energy consumption by 20%, meeting 20% of the EU’s energy needs through renewable resources) (

