04 / 06 / 2020

EC organises Innovation Fund Expert Group Meeting Online on 5 June

The Innovation Fund is a European funding programme 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 Fund may amount to about €10 billion, depending on the carbon price. In parallel to the Innovation Fund, the EU ETS provides the main long-term incentive for these technologies to be deployed. The Innovation Fund is a key funding instruments for delivering the EU’s economy-wide commitments under the Paris Agreement and its objective to be climate neutral Europe by 2050.   On 5 June 2020 at 10.00 CET, the Innovation Fund Expert Group will have a virtual meeting which will be web-streamed. Join the online meeting Agenda Background paper on the award criteria for the first call of the Innovation Fund Submitting your questions (event code: #IFEG) Innovation Fund Webpage Frequently Asked Questions