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Innovation Fund – Large Scale Projects – 2020

Programme aiming to bring closer to the market highly innovative technologies and contributing to the achievement of the European Green Deal objectives

2020-10-29
1 billion euros
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Appeal framework

Institution European Commission
Sectors Energy
Beneficiaries
Regions European Union
Details

EU Member States
Norway
Island


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Priorities and funded actions

Objectives
* Support projects demonstrating highly innovative technologies, processes or products, that are sufficiently mature and have a significant potential to reduce greenhouse gas emissions;
* Offer financial support tailored to market needs and risk profiles of eligible projects, while attracting additional public and private resources

Amongst financed actions
* Activities that support innovation in low-carbon technologies and processes in sectors listed in Annex I to the EU ETS Directive, 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

Additional information
* This call for proposals is a restricted call for proposals. In the first instance, only concept notes will be evaluated

* Initial duration of the action: up to 48 months

* Eligibility:
– Only projects with a total capital expenditure above 7 500 000 euros are eligible under this call;
– Applicants must be:
> Legal persons;
> Lelong to one of the following categories: private entities, public entities, or international organisations;
> Be directly responsible for the implementation and management of the project where relevant jointly with other applicants, i.e. not acting as an intermediary;
> The minimum number of applicants is one;
> Natural persons are NOT eligible;
> EU bodies can NOT be part of the consortium

* Only actions implemented on the territory of one (or more) of the EU Member States, Norway or Iceland are eligible for funding under this call

Financement

* Co-financing rate: up to 60% of the total relevant costs

Test your eligibility

Other funds:

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