{"id":120262,"date":"2023-11-28T11:08:28","date_gmt":"2023-11-28T10:08:28","guid":{"rendered":"https:\/\/euro-funding.com\/?p=120262"},"modified":"2026-04-07T09:31:14","modified_gmt":"2026-04-07T07:31:14","slug":"new-2023-european-decarbonisation-call-for-projects-and-hydrogen-auction-opens","status":"publish","type":"post","link":"https:\/\/euro-funding.rwdesarrollos2.es\/en\/blog\/new-2023-european-decarbonisation-call-for-projects-and-hydrogen-auction-opens\/","title":{"rendered":"New 2023 European decarbonisation Call for projects and hydrogen auction opens"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"120262\" class=\"elementor elementor-120262\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-56684f5c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"56684f5c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f394509\" data-id=\"f394509\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e6a789d elementor-widget elementor-widget-spacer\" data-id=\"3e6a789d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-78c79b9f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"78c79b9f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2fa7f1b0\" data-id=\"2fa7f1b0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-307f394d elementor-widget elementor-widget-heading\" data-id=\"307f394d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">New 2023 European decarbonisation Call for projects and hydrogen auction opens <\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f24826d elementor-widget elementor-widget-spacer\" data-id=\"2f24826d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6a8ed67a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6a8ed67a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-291275ed\" data-id=\"291275ed\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1eedd00e elementor-widget elementor-widget-image\" data-id=\"1eedd00e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"850\" height=\"324\" src=\"https:\/\/euro-funding.rwdesarrollos2.es\/wp-content\/uploads\/2023\/11\/plantilla-foto-noticias-copia-5.jpg\" class=\"attachment-large size-large wp-image-120263\" alt=\"\" srcset=\"https:\/\/euro-funding.rwdesarrollos2.es\/wp-content\/uploads\/2023\/11\/plantilla-foto-noticias-copia-5.jpg 850w, https:\/\/euro-funding.rwdesarrollos2.es\/wp-content\/uploads\/2023\/11\/plantilla-foto-noticias-copia-5-300x114.jpg 300w, https:\/\/euro-funding.rwdesarrollos2.es\/wp-content\/uploads\/2023\/11\/plantilla-foto-noticias-copia-5-768x293.jpg 768w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-61e2d86b elementor-share-buttons--view-icon 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38.73V256h68.78l-11 71.69h-57.78V501C413.31 482.38 504 379.78 504 256z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-twitter\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 32H31.9C14.3 32 0 46.5 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data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6163bcb1 elementor-widget elementor-widget-simple_author_box_elementor\" data-id=\"6163bcb1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"simple_author_box_elementor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"sabox-plus-item\"><div class=\"saboxplugin-wrap\" itemtype=\"http:\/\/schema.org\/Person\" itemscope itemprop=\"author\"><div class=\"saboxplugin-tab saboxplugin-tab-about\"><div class=\"saboxplugin-gravatar\"><a  href='https:\/\/euro-funding.rwdesarrollos2.es\/en\/blog\/author\/david-garcia-arrate\/'><img decoding=\"async\" src=\"https:\/\/euro-funding.rwdesarrollos2.es\/wp-content\/uploads\/2023\/09\/David-Garcia-Arrate-copia-scaled.jpg\" width=\"140\"  height=\"140\" alt=\"\" itemprop=\"image\"><\/a><\/div><div class=\"saboxplugin-authorname\"><a href=\"https:\/\/euro-funding.rwdesarrollos2.es\/en\/blog\/author\/david-garcia-arrate\/\" class=\"vcard author\" rel=\"author\" itemprop=\"url\"><span class=\"fn\" itemprop=\"name\">David Garc\u00eda Arrate<\/span><\/a><span class=\"sabox-job-title\" itemprop=\"jobTitle\"><span class=\"sabox-job-title-par\">(<\/span> Senior Project Manager EUROPEAN FUNDS <span class=\"sabox-job-title-par\">)<\/span><\/span><\/div><div class=\"saboxplugin-desc\"><div itemprop=\"description\"><\/div><\/div><div class=\"clearfix\"><\/div><div class=\"saboxplugin-socials \"><a target=\"_self\" href=\"https:\/\/www.linkedin.com\/in\/david-garcia-arrate-1270b0136\/\" title=\"Linkedin\" rel=\"nofollow\" class=\"saboxplugin-icon-grey\"><svg aria-hidden=\"true\" class=\"sab-linkedin\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path fill=\"currentColor\" d=\"M100.3 480H7.4V180.9h92.9V480zM53.8 140.1C24.1 140.1 0 115.5 0 85.8 0 56.1 24.1 32 53.8 32c29.7 0 53.8 24.1 53.8 53.8 0 29.7-24.1 54.3-53.8 54.3zM448 480h-92.7V334.4c0-34.7-.7-79.2-48.3-79.2-48.3 0-55.7 37.7-55.7 76.7V480h-92.8V180.9h89.1v40.8h1.3c12.4-23.5 42.7-48.3 87.9-48.3 94 0 111.3 61.9 111.3 142.3V480z\"><\/path><\/svg><\/span><\/a><\/div><\/div><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-66e380be elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"66e380be\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-451ef131\" data-id=\"451ef131\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8665c59 elementor-widget elementor-widget-heading\" data-id=\"8665c59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Introduction<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75241057 elementor-widget elementor-widget-text-editor\" data-id=\"75241057\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">On 23 November the European Commission opened two new calls aiming to support EU\u2019s decarbonisation objectives:\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><ul><li data-leveltext=\"-\" data-font=\"Arial\" data-listid=\"3\" data-list-defn-props=\"{&quot;335551671&quot;:0,&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Arial&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;-&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"0\" data-aria-level=\"1\"><span data-contrast=\"auto\">The new 2023 <a href=\"https:\/\/euro-funding.rwdesarrollos2.es\/en\/blog\/innovation-fund-innovative-low-carbon-technology\/\">Innovation Fund<\/a> call for a total amount worth at least \u20ac 4 Bn.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li><li data-leveltext=\"-\" data-font=\"Arial\" data-listid=\"3\" data-list-defn-props=\"{&quot;335551671&quot;:0,&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Arial&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;-&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"0\" data-aria-level=\"1\"><span data-contrast=\"auto\">The new auction pilot from the Hydrogen bank to fund Renewable Hydrogen projects. \u20ac 800 M has been allocated to this specific auction.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\"><a href=\"https:\/\/euro-funding.rwdesarrollos2.es\/en\/blog\/innovation-fund-innovative-low-carbon-technology\/\"><strong>The Innovation Fund<\/strong><\/a> is a major programme for the demonstration of innovative low-carbon technologies, with the aim of decarbonising Europe and supporting its transition to climate neutrality. The fund&#8217;s objectives include supporting projects that demonstrate highly innovative technologies, processes, business models, or products and services with the potential to significantly reduce greenhouse gas emissions. These projects should align with various EU policies and strategies, such as the European Climate Law, the European Green Deal, and the REPowerEU Plan, focusing on areas like renewable energy, the circular economy\u00a0and the bioeconomy. <span style=\"color: #013e77;\"><strong>The fund is also intended to complement other EU programmes, contributing to industrial competitiveness, strategic autonomy, and achieving climate neutrality by 2050.<\/strong><\/span><\/span><span style=\"color: #013e77;\"><strong>\u00a0<\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62ef857 elementor-widget elementor-widget-heading\" data-id=\"62ef857\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The new 2023 Innovation Fund regular grant call <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-491683e elementor-widget elementor-widget-text-editor\" data-id=\"491683e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">This call reflects several EU directives and strategies. It includes increased targets for renewable energy, promoting clean hydrogen as a decarbonisation solution, circular, and sustainable bioeconomy. The updated Renewable Energy Directive and the REPowerEU Plan set specific goals for renewable hydrogen production and imports. Furthermore, the EU ETS Directive has been revised to extend the Innovation Fund to medium-scale projects, including in the maritime and aviation sectors. The Fund also provides project development assistance through the European Investment Bank.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\"><span style=\"color: #013e77;\"><strong>This year, a major change in the Innovation Fund call happens: the cost efficiency ratio reduces from 600 EUR per ton of CO2-equivalent to 200 EUR per ton of CO2-equivalent.<\/strong><\/span> This represents a significant shift in the fund&#8217;s approach to financing projects related to carbon dioxide reduction. This change reflects a more ambitious stance on cost efficiency in carbon reduction, potentially driving innovation while also posing new challenges for project developers. It indicates a shift towards more cost-effective, scalable, and sustainable solutions in the fight against climate change.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">F<\/span><span data-contrast=\"auto\">unding opportunities for projects <\/span><span data-contrast=\"auto\">are of <\/span><span data-contrast=\"auto\">varying scales \u2013 large, medium, and small \u2013 under the general decarbonisation theme. Eligible projects may include innovation in low-carbon technologies and processes in specified sectors, carbon capture and utilisation (CCU), renewable energy, energy storage technologies maritime and aviation.\u00a0 A dedicated call focuses on pilot projects Pilot with CAPEX above \u20ac2.5 million and below \u20ac40 million focusing on deep decarbonisation. Finally there is also a focus on hydrogen applications in industry and the maritime and wind energy, emphasising breakthrough technologies such as energy efficiency, sustainable alternative fuels, and zero-emission propulsion technologies. The call encourages the building of industrial capacity, technology leadership, and supply chain resilience within the EU. Only projects that have not commenced at the time of the grant application are eligible for funding.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\"><span style=\"color: #013e77;\"><strong>Here is a summary of the 5 calls open under the Innovation Fund call 2023:<\/strong><\/span>\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><ol><li><span style=\"color: #013e77;\"><b> INNOVFUND-2023-NZT-GENERAL Program<\/b><\/span><\/li><\/ol><p><span data-contrast=\"auto\">&#8211; Large-Scale Projects (LSP): EUR 1.7 billion budget.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Medium-Scale Projects (MSP): EUR 500 million budget.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Small-Scale Projects (SSP): EUR 200 million budget.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Scope: Funds activities supporting innovation in low-carbon technologies, carbon capture\/utilisation (CCU), renewable energy, energy storage, and emission mitigation. Maritime and Aviation Support: Includes funding for innovative technologies in these sectors, focusing on zero-emission propulsion and sustainable fuels.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><ol start=\"2\"><li><span style=\"color: #013e77;\"><b> INNOVFUND-2023-NZT-MANUFACTURING<\/b><\/span><\/li><\/ol><p><span data-contrast=\"auto\">&#8211; Budget: EUR 1.4 billion.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Objectives: Support manufacturing of clean-tech components for hydrogen production, renewable energy, and energy storage.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Scope: Includes construction and operation of manufacturing facilities, focusing on renewable energy installations, electrolysers, fuel cells, energy storage, and heat pumps.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Exclusions: Innovative use of components in power generation, energy storage, or hydrogen production\/consumption is not funded.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><ol start=\"3\"><li><span style=\"color: #013e77;\"><b> INNOVFUND-2023-NZT-PILOTS<\/b><\/span><\/li><\/ol><p><span data-contrast=\"auto\">&#8211; Budget: EUR 200 million.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Objectives: Support pilot projects for innovative, deep decarbonisation technologies.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Scope: Includes construction and operation of pilot projects for renewable energy installations, CO2 storage solutions, and energy storage.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Criteria: Projects should demonstrate innovation and the potential to move to large-scale demonstration or commercial production.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span style=\"color: #013e77;\"><b>Overall Budget and Timetable<\/b><\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Total Budget: Estimated at EUR 4 billion, with the possibility of a 20% increase.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Call Opening: 23 November 2023.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Submission Deadline: 09 April 2024.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Evaluation Period: April-October 2024.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Results Announcement: November 2024.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Grant Agreement (GA) Signature: February 2025.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0965743 elementor-widget elementor-widget-heading\" data-id=\"0965743\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The new Hydrogen Auction Pilot <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d654682 elementor-widget elementor-widget-text-editor\" data-id=\"d654682\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">This new auction aims to bolster the production of renewable hydrogen in Europe. <span style=\"color: #013e77;\"><strong>This initiative is backed by an initial \u20ac800 million from emissions trading revenues, allocated through the Innovation Fund, in the frame of the new Hydrogen Bank.<\/strong><\/span> It enables producers of renewable hydrogen to compete for support in the form of a fixed premium per kilogram of hydrogen produced. This premium aims to bridge the gap between the higher production costs of renewable hydrogen and the lower prices consumers are currently prepared to pay, in a market where non-renewable hydrogen remains cheaper to produce.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span style=\"color: #013e77;\"><strong>The Hydrogen Bank complements other policy instruments in establishing a market for renewable hydrogen, spurring investments in production capacity, and scaling up production.\u00a0\u00a0<\/strong><\/span><\/p><p><span data-contrast=\"auto\">Under the pilot auction are invited to submit bids for EU support for a specified volume of hydrogen production. The bids are based on a proposed price premium per kilogram of renewable hydrogen, with a ceiling of \u20ac4.5\/kg. The bids will be ranked from the lowest to highest proposed price and awarded support accordingly, until the auction&#8217;s budget is depleted. The selected projects will receive their awarded subsidy on top of the market revenues generated from hydrogen sales, for a duration of up to 10 years. Following the signing of their grant agreements, the projects must commence renewable hydrogen production within five years. Cumulation with other types of aid from participating Member States is not permitted.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><span style=\"color: #013e77;\"><b>Overall Budget and Timetable<\/b>\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Total Budget: Estimated at EUR <\/span><span data-contrast=\"auto\">800 M<\/span><span data-contrast=\"auto\">illion<\/span><span data-contrast=\"auto\">.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Call Opening: 23 November 2023.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Submission Deadline: <\/span><span data-contrast=\"auto\">08 February<\/span><span data-contrast=\"auto\"> 2024.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Evaluation Period: <\/span><span data-contrast=\"auto\">February<\/span><span data-contrast=\"auto\">&#8211;<\/span><span data-contrast=\"auto\">April<\/span><span data-contrast=\"auto\"> 2024.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">&#8211; Results Announcement: <\/span><span data-contrast=\"auto\">April <\/span><span data-contrast=\"auto\">2024.<\/span><span 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