Annual Accounts of the European High Performance Computing
The European High Performance Computing Joint Undertaking (EuroHPC JU) was established in 2018 (Council Regulation (EU) N° 2018/1488 of 28/09/2018). The Joint Undertaking is the legal entity responsible for the implementation of research and technological development in European High Performance Computing. Between 2018 and the date when financial autonomy was achieved, on 23 September 2020, the EuroHPC JU operated under the auspices of the European Commission (DG CNECT). The Joint Undertaking is located in Luxembourg. On 18 September 2020, the European Commission proposed a new Council Regulation allowing the EuroHPC JU to continue the development of HPC in Europe for the next decade in the context of the newly adopted MFF. Once the Council and Parliament adopt the new regulation, it will replace the Council Regulation (EU) 2018/1488 establishing the EuroHPC JU. Adoption is expected by mid-2021.
