Innovation Fund 2024 Auction Info Day
On 10 December 2024, the European Climate, Infrastructure and Environment Executive Agency (CINEA) and the European Commission's Directorate-General for Climate Action (DG CLIMA) are hosting an Info Day to present the key features and award criteria of the upcoming Innovation Fund 2024 Auction (IF24 Auction). The event will include a ‘lessons learned’ exercise from the IF23 Auction to present best practices.
The IF24 Auction, which opened on 3 December 2024, will award €1.2 billion to producers of hydrogen categorized as Renewable Fuel of Non-Biological Origin (RFNBO) located in the European Economic Area (EEA). This auction is a key element of the European Hydrogen Bank.
During the event, participants will have the opportunity to ask questions via Sli.do using #IF24Auction. Presentations and recordings will be made available afterwards.
The Innovation Fund aims to create financial incentives for companies and public authorities to invest in cutting-edge low-carbon technologies and support Europe's transition to climate neutrality. The fund has already secured nearly €700 million in support for 6 renewable hydrogen projects through the first auction.
On 3 December 2024, the Commission opened three calls for proposals to accelerate the deployment of innovative technologies in Europe: the Innovation Fund 2024 Call (IF24 Call), the Innovation Fund 2024 Battery call (IF24 Battery), and the Innovation Fund 2024 Auction (IF24 Auction). The info day for the IF24 Call and IF24 Battery takes place on 17 and 18 December 2024.
