On 26 October 2021, the European Commission has launched the second call for large-scale projects under the Innovation Fund, one of the world’s largest programmes for the demonstration of innovative low-carbon technologies, financed by revenues from the auction of emission allowances from the EU’s Emissions Trading System. The deadline for applications is on 3 March 2022. The second call for small-scale projects is planned to be launched in March 2022 with an expected budget of EUR 100 million and will remain open for five months.
More information about the calls:
Large scale projects: https://ec.europa.eu/clima/eu-action/funding-climate-action/innovation-fund/large-scale-projects_en
Small scale projects: https://ec.europa.eu/clima/eu-action/funding-climate-action/innovation-fund/small-scale-projects_en
The Innovation Fund
The Innovation Fund is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies. The goal is to help businesses invest in clean energy and industry to boost economic growth, create local future-proof jobs and reinforce European technological leadership on a global scale. This is done through calls for large and small-scale projects focusing on:
- innovative low-carbon technologies and processes in energy-intensive industries, including products substituting carbon-intensive ones
- carbon capture and utilisation (CCU)
- construction and operation of carbon capture and storage (CCS)
- innovative renewable energy generation
- energy storage