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) will host an Info Day. This event will present the key features and award criteria of the upcoming Innovation Fund 2024 Auction (IF24 Auction) and share lessons learned from the IF23 Auction. The IF24 Auction will open on 3 December and will award €1.2 billion to producers of hydrogen categorized as Renewable Fuel of Non-Biological Origin (RFNBO) in the European Economic Area (EEA). The auction is a key element of the European Hydrogen Bank.
Participants can ask questions via Slido using #IF24Auction. Presentations and recordings will be available after the event.
Registration ends on Sunday 8 December 2024, 18:00 (CET).
Event Details
- Date: Tuesday 10 December 2024, 09:30 - 13:00 (CET)
- Format: Online only, with live streaming available
Programme
- 09:30 - 09:55: Welcome and Introduction
- 09:55 - 10:30: IF24 Auction objectives and design
- 10:30 - 10:45: IF24 application process and qualification requirements
- 10:45 - 11:15: Q&A
- 11:15 - 11:25: Short break
- 11:25 - 12:10: IF24 Auction evaluation criteria
- 12:10 - 12:45: Q&A
- 12:45 - 12:50: Closing remarks
The Innovation Fund aims to create financial incentives for companies and public authorities to invest in low-carbon technologies, supporting Europe's transition to climate neutrality. The fund has already secured nearly €700 million for renewable hydrogen projects through the first auction.
