Innovation Fund: IF24 Call

Financed by the Innovation Fund, the European Commission has launched the IF24 Call with a budget of £2.8 billion/€3.4 billion to accelerate the deployment of innovative decarbonisation technologies in Europe.   

Applicants can fall into three programmes: 

1. General decarbonisation 

• Aim to support and advance innovative low-carbon technologies and processes which can significantly mitigate climate change 

• Activities that support innovation in low-carbon technologies and processes, including projects focusing on the utilisation of waste heat as well as improvements in electrification and energy efficiency within industrial processes and energy systems 

• Activities involving environmentally safe carbon capture and utilisation 

• Innovative renewable energy and energy storage technologies 

 2. Clean-tech manufacturing 

• Renewable energy: facilities producing components for photovoltaics, concentrated solar power, onshore and offshore wind power, ocean energy, geothermal, solar thermal, and other renewable energy systems, including their connection to the electricity/heat grid 

• Electrolysers and fuel cells: manufacturing of electrolysers and fuel cells for hydrogen production and consumption 

 3. Pilot projects 

• Construction and operation of innovative energy storage systems 

• Development of CO2 storage solutions 

• Renewable energy: installation of photovoltaics, concentrated solar power, onshore and offshore wind power, ocean energy, geothermal, solar thermal, and other renewable energy systems, including their connection to the electricity/heat grid