{"id":115475,"date":"2023-07-14T08:00:02","date_gmt":"2023-07-14T05:00:02","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/innovation-fund-eu-invests-e3-6-billion-of-emissions-trading-revenues-in-innovative-clean-tech-projects\/"},"modified":"2023-07-14T08:00:02","modified_gmt":"2023-07-14T05:00:02","slug":"innovation-fund-eu-invests-e3-6-billion-of-emissions-trading-revenues-in-innovative-clean-tech-projects","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/innovation-fund-eu-invests-e3-6-billion-of-emissions-trading-revenues-in-innovative-clean-tech-projects\/","title":{"rendered":"Innovation Fund: EU invests \u20ac3.6 billion of emissions trading revenues in innovative clean tech projects"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/115475\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nToday, the Commission is awarding over \u20ac3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund. With a focus on the REPowerEU Plan and phasing out Europe&#8217;s imports of Russian fossil fuels, these projects cover a wide range of industries, such as cement, steel, advanced biofuels, sustainable aviation fuels, wind and solar energy, and renewable hydrogen and its derivatives. The funding will contribute to the greening of significant sectors of the European economy, in particular those that are difficult to decarbonise.<\/p>\n<p>The selected projects are located in 15 EU Member States: Austria, Belgium, Croatia, Czechia, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal, Spain and Sweden; as well as Norway. The supported projects will all enter into operation before 2030, and have the potential to avoid 221 million tonnes of CO2 emissions in their first 10 years of operation. The 41 projects were selected following the third call for large-scale projects, covering four topics: \u201cgeneral\u201d decarbonisation; \u201cindustry electrification and hydrogen\u201d; \u201cclean tech manufacturing\u201d; and \u201cmid-sized pilots\u201d.<\/p>\n<p><em>Projects in brief<\/em><\/p>\n<p>In \u201cgeneral\u201d decarbonisation topic: 8 projects worth \u20ac1.4 billion<br \/>\nThey include 3 projects from refineries and 5 projects in the cement and lime sector, and are located in Belgium, Croatia, Germany, Greece, the Netherlands, Portugal, and Sweden.<\/p>\n<p>In \u201cindustry electrification and hydrogen\u201d topic: 13 projects worth almost \u20ac1.2 billion<br \/>\nThey include 6 projects on renewable hydrogen production as well as 7 projects on hydrogen use in different sectors: chemical industry, refineries and steel. The projects are located in Austria, Belgium, France, Germany, the Netherlands, Portugal, Spain, Sweden and Norway.<\/p>\n<p>In \u201cclean tech manufacturing\u201d topic: 11 projects worth almost \u20ac800 million<br \/>\nThey include 4 projects on electrolyser manufacturing, 4 projects on batteries (including recycling) and 3 projects on photovoltaic panels and modules, located in Belgium, Denmark, Germany, Finland, Spain, Sweden and Norway.<\/p>\n<p>In \u201cmid-sized pilots\u201d topic: 9 projects worth \u20ac250 million<br \/>\nThey include 2 projects on wind energy, 2 on ocean energy, 2 on chemicals, and projects in the glass sector, on carbon capture and on e-fuels. The projects are located in Czechia, Denmark, France, Germany, Ireland, Italy, the Netherlands, Spain and Norway.<\/p>\n<p>The selected projects were evaluated by independent experts against five award criteria: ability to reduce greenhouse gas emissions compared to traditional technologies; level of innovation; operational, financial and technical maturity; scalability; and cost effectiveness. In addition to the 41 projects selected for funding today, other promising but insufficiently mature projects will receive project development assistance from the European Investment Bank. These will be announced in the fourth quarter of 2023. At the end of the year, the Commission will launch the next call for proposals for large-scale projects under the Innovation Fund, with an increased budget of \u20ac4 billion.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/ip_23_3787\">European Commission<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/environmental-news-en\/innovation-fund-eu-invests-e3-6-billion-of-emissions-trading-revenues-in-innovative-clean-tech-projects\/\">Innovation Fund: EU invests \u20ac3.6 billion of emissions trading revenues in innovative clean tech projects<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[575,274,842,763,2076],"class_list":["post-115475","post","type-post","status-publish","format-standard","hentry","category-news","tag-environmental-news-en","tag-eu","tag-fund","tag-innovation","tag-invest"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/115475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=115475"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/115475\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=115475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=115475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=115475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}