The objective of this event is to provide an overview of the Innovation Fund’s progress and achievements, and to gather stakeholder feedback on future calls for proposals. This event presents an opportunity for sector-specific stakeholders to provide their input on the design of the 2024 Innovation Fund Call for Proposals.
Registration
Registration for both on-site and online participation is now open. The deadline to register for on-site attendance is Wednesday, 5 June 2024. Registrations made after this deadline will be for online participation only.
On-site registration is available on a first-come-first-served basis and will be limited to a maximum of two participants per organisation.
- EU financing
- Tuesday 11 June 2024, 09:30 - 17:15 (CEST)
- Belgium
- Live streaming available
Programme
- 11 Jun 2024, 09:30 - 10:00 (CEST)Registration & welcome coffee
- 10:00 - 10:15 (CEST)Policy developments & new support mechanisms
- 10:15 - 10:30 (CEST)Progress achieved by the Innovation Fund
- 10:30 - 11:10 (CEST)Main outcomes from the 2023 call for proposals
- 11:10 - 11:30 (CEST)Coffee break
- 11:30 - 11:50 (CEST)Knowledge sharing report and indicators
- 11:50 - 12:30 (CEST)Simplification of IF processes
- 12:30 - 13:30 (CEST)Lunch break
- 13:30 - 14:45 (CEST)Sector working sessions (parallel sessions)
- Session A: Energy Intensive Industries (including CCS and CCU),
- Session B: Clean tech manufacturing, Renewable energy use and Energy storage use
- 14:45 - 15:00 (CEST)Coffee break
- 15:00 - 16:30 (CEST)Sector working sessions (parallel sessions)
- Session C: Net Zero Mobility: Aviation, Maritime & Road Transport
- Session D: Battery manufacturing
- 16:30 - 17:00 (CEST)Key takeaways from discussions of sectoral sessions
- 17:00 - 17:15 (CEST)Concluding remarks and next steps
Practical information
- When
- Tuesday 11 June 2024, 09:30 - 17:15 (CEST)
- Where
- Albert Borschette Conference Center, rooms 0A and 0BBelgium
- Languages
- English
Description
The Innovation Fund is one of the world’s largest funding programmes for the demonstration and commercialisation of innovative net-zero and low-carbon technologies. The Innovation Fund aims to bring industrial solutions to decarbonise Europe to the market and is funded with revenues from the auctioning of allowances from the EU Emissions Trading System.
The Innovation Fund has already held three large-scale calls, providing a total of €6.5 billion in grants to support 65 projects. The European Commission has also held three calls for small-scale projects with total capital costs below €7.5 million, selecting 66 projects requesting around €225 million in grants. A fourth call with a €4 billion budget was launched at the end of 2023 covering large, medium, and small-scale projects, as well as dedicated topics for clean tech manufacturing and pilots.
Following the EU ETS revision in 2023, the Innovation Fund now:
- extends the scope of funding both in terms of sectors (maritime, buildings, road transport) and in terms of level of innovation, allowing support to upscale innovative technologies
- introduces new financing mechanisms whereby projects are selected on the basis of an auction (competitive bidding) and are supported through fixed premium contracts, contracts for difference, or carbon contracts for difference.