In the first week of its new mandate, the Commission has stepped up its efforts to boost net-zero technologies that are key to ensuring European industry competitiveness while meeting agreed climate goals. It is launching two new calls for proposals with a budget of €3.4 billion to accelerate the deployment of innovative decarbonisation technologies in Europe, including electric vehicle batteries. It is also launching the second auction of the European Hydrogen Bank to accelerate the production of renewable hydrogen in the European Economic Area (EEA) with a budget of €1.2 billion from EU funds, plus over €700 million from three Member States. Both calls for proposals, and the auction are financed by the Innovation Fund, using revenues from the EU Emissions Trading System (ETS).
All three calls include new resilience criteria to boost European industry. The batteries call, and hydrogen bank auction will also include specific resilience criteria to protect Europe against dependency on a single supplier.
Boosting net-zero technologies and electric vehicle battery cell manufacturing across Europe.
The two calls underscore the EU's commitment to bolster Europe's leadership and manufacturing capacity in innovative, cutting-edge, net-zero technologies while pursuing the path to climate neutrality by 2050.
The general call for net-zero technologies worth €2.4 billion (IF24 Call) supports decarbonisation projects of different scale, as well as projects focusing on the manufacturing of components for renewable energy, energy storage, heat pumps and hydrogen production.
Details
- Publication date
- 5 December 2024