Innovation Fund Large Scale Projects - General decarbonisation

Undefined

The following activities can be funded under this topic:

  • activities that support innovation in low-carbon technologies and processes in sectors listed in Annex I to the EU ETS Directive 2003/87 , including environmentally safe carbon capture and utilisation (CCU) that contributes substantially to mitigating climate change, as well as products substituting carbon-intensive ones produced in sectors listed in Annex I to the EU ETS Directive
  • activities that help stimulate the construction and operation of projects that aim at the environmentally safe capture and geological storage of CO2 (CCS)
  • activities that help stimulate the construction and operation of innovative renewable energy and energy storage technologies.

Carbon capture and utilisation can be funded if the capture of CO2 occurs within one of the activities listed in Annex I of the EU ETS Directive, or if the utilisation of CO2 results in products substituting carbon-intensive ones from the sectors listed in Annex I to the EU ETS Directive, even if carbon is captured outside the activities of Annex I.

Visit the below page to read further.

Information source:
Organisation: 
European Commission
Call Deadline: 
L-Erbgħa, March 16, 2022
Further Information:
External Link