Tag: CINEA

Commission launches first European Hydrogen Bank auction

Posted on by Haptic

The Commission launched today the first auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe, with an initial €800 million of emissions trading revenues, channelled through the Innovation Fund. Producers of renewable hydrogen can bid for support in the form of a fixed premium per kilogram of hydrogen produced. The premium is intended to bridge the gap Read more about Commission launches first European Hydrogen Bank auction[…]

€4 billion call for proposals for net-zero technologies

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The Commission is today opening the Innovation Fund’s 2023 call for proposals with a record budget of €4 billion to support the deployment of innovative decarbonisation technologies. The call is funded by revenues from the EU Emissions Trading System (EU ETS), underlining the importance of carbon pricing for the green transition. The Commission has increased the overall funds available, and Read more about €4 billion call for proposals for net-zero technologies[…]

Innovation Fund: EU invests €3.6 billion of emissions trading revenues in innovative clean tech projects

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The Commission is awarding over €3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund. With a focus on the REPowerEU Plan and phasing out Europe’s imports of Russian fossil fuels, these projects cover a wide range of industries, such as cement, steel, advanced biofuels, sustainable aviation fuels, wind and solar Read more about Innovation Fund: EU invests €3.6 billion of emissions trading revenues in innovative clean tech projects[…]

€100 million for innovative small-scale clean tech projects

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The European Commission is launching the third call for small-scale projects under the Innovation Fund, one of the world’s largest funding programmes for the deployment of innovative low-carbon technologies. Financed by revenues from the auctioning of emission allowances from the EU’s Emissions Trading System (EU ETS), this call for small-scale projects will further boost the deployment of Read more about €100 million for innovative small-scale clean tech projects[…]

EU invests €62 million in small-scale clean tech projects

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The EU is investing over €62 million in 17 small-scale innovative clean-tech projects with a fourth round of awards under the EU Innovation Fund. Grants disbursed help bring breakthrough technologies to the market in energy-intensive industries, renewable energy, hydrogen, and energy storage. This will accelerate Europe’s clean energy transition and decarbonisation, across a large geographic Read more about EU invests €62 million in small-scale clean tech projects[…]

Innovation Fund: EU invests €1.8 billion in clean tech projects

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The EU is investing over €1.8 billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Grants will be disbursed from the Innovation Fund to help bring breakthrough technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components Read more about Innovation Fund: EU invests €1.8 billion in clean tech projects[…]

Over €1 billion for the EU climate transition

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The Commission signed grant agreements of €1.1 billion with seven large-scale projects via the EU Innovation Fund, funded by revenues from the EU’s Emissions Trading System (ETS). These projects aim to reduce emissions by over 76 Mt of CO2eq during the first ten years of operation. The seven projects are deploying innovative low-carbon technologies at Read more about Over €1 billion for the EU climate transition[…]