Specifically, these are the IF25 Net-Zero Technologies call with a budget of €2.9 billion, the third EU hydrogen auction with a budget of €1.3 billion, and the first European auction for the decarbonisation of industrial process heat, with an allocation of €1 billion.
Overall, these three new funding opportunities mark a significant step towards achieving the EU’s 2030 and 2050 climate and energy targets, making a decisive contribution to the implementation of the Clean Industrial Deal.
The Innovation Fund, the framework under which the call and two auctions have been launched, is one of the largest EU funding programmes supporting innovative zero- and low-carbon technologies, financed by revenues from the EU Emissions Trading System (ETS).
