The new Innovation Fund call for clean technologies is open from 23 November to 9 April 2024. The budget increases to 4 billion euros and there are some important new features compared to previous editions.
The first auction of the European Hydrogen Bank to open on November 23
The Innovation Fund is one of the instruments Brussels is betting most on, and in the near future the Innovation Fund will play a major role in the panorama of European funds dedicated to the energy transition.
What is the Innovation Fund and how it works
The Innovation Fund is one of the world's leading programmes for the demonstration of innovative low-carbon technologies, financed from the proceeds of auctioning allowances from the EU Emissions Trading Scheme.
The focus of the Innovation Fund is on highly innovative, so-called clean tech. The technologies, to be precise, at the heart of the Green Deal Industrial Plan and STEP, the EU platform to strengthen the production of emerging technologies critical to the EU's green