EU Innovation Fund Driving clean innovative technologies to the market.

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Presentation transcript:

EU Innovation Fund Driving clean innovative technologies to the market

Driving clean innovative technologies to the market Renewable energy Carbon Capture Use and Storage Energy-intensive industries including substitute products Energy storage Innovation Fund Driving clean innovative technologies to the market

Volume of at least EUR 10 billion at current carbon prices Key features of the Innovation Fund Volume of at least EUR 10 billion at current carbon prices Support of up to 60% of additional costs related to innovative technology First call expected for 2020 and regular calls up to 2030 Financed from the revenues of the EU Emissions Trading System Support of additional capital and operating costs (up to 10 years) Comprehensive selection criteria and project development assistance

Synergies – Innovation Fund Research Horizon Europe Partnerships Demonstration Innovation Fund Roll-out Infrastrucuture Connecting Europe Facility Modernisation Fund Cohesion Funding InvestEU Member State Funding