Decarbonization

Commission awards €400 million to European projects to decarbonise heat production

Today, the European Commission has selected 65 projects under the Innovation Fund Heat Auction, the first ever EU-wide auction to accelerate the deployment of innovative clean heat technologies across European industry. Across 10 European Economic Area countries, Austria, Belgium, Czechia, Denmark, France, Germany, Hungary, Portugal, Slovenia and Spain, the projects will use a wide range […]

€5.2 billion of EU Emissions Trading revenues earmarked for clean transition technologies under the Innovation Fund

The European Commission has announced the opening of three new funding opportunities under the Innovation Fund with a total budget of €5.2 billion in EU Emissions Trading System (EU ETS) revenues. The 2025 Net-Zero Technologies call with a budget of €2.9 billion, the third auction for hydrogen production under the European Hydrogen Bank with €1.3 […]

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

Today, 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, […]