The Innovation Fund is one of the world’s largest funding programmes for demonstration of innovative low-carbon technologies. It focuses 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
The Commission aims to launch the first call in 2020, followed by regular calls until 2030. A list of FAQs has been published to provide potential applicants and other stakeholders with relevant information on the application process for the Innovation Fund first call for proposals.
In addition, a virtual meeting of the Innovation Fund Expert Group will take place on 5 June.
More information about the Innovation Fund and its first call for proposals is available here.
Source: European Commission