EU ETS: Innovation Fund outcome of the 2023 general call
ATTN: ALL FULL MEMBERS
ALL TECHNICAL COMMITTEE MEMBERS
Dear Members,
the money raised via the EU Emissions Trading System (ETS) is reinvested into the Innovation Fund You may find below the projects that have been funded by the Innovation Fund outcome of the 2023 general call.
- Following the 2023 Innovation Fund General call the Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund.
- The maritime sector has five projects that will receive funding under the “Net-zero mobility and buildings” theme under this category covering the maritime sector.
- None of this project are relevant to Bulk carriers
- 24 projects concern hydrogen, 6 projects biofuels and bio refineries, 3 cover CO2 capture, transport and storage
You can find below further information on the projects concerning the maritime sector:
|
Project |
Location |
Coordinator |
Technology pathways |
|
EO2 |
France |
AssetCo EO2 |
Liquid hydrogen cargo ship |
|
Swap2Zero |
Italy |
COMPAGNIE DU PONANT |
Hybrid passenger cruise ship powered by a combination of wind, liquid hydrogen (LH2) and bio-liquified natural gas (bio-LNG), |
|
CORMORANT |
Norway |
EVOY AS |
Manufacturing electric powerheads, a component of electric propulsion systems for small vessels. |
|
INDIGO |
Italy |
Princess Cruises Ltd. |
Retrofitting of an existing passenger vessel to run on e-methanol, using a hybrid decarbonisation platform |
|
REACH |
Norway |
Reach Subsea AS |
Autonomous, unmanned offshore service vessel and a fully electric Remotely Operated Vehicle |
|
H2ydroShuttle |
Netherlands |
Samskip Holding B.V. |
Two new container vessels powered by multi-megawatt fuel cells running on liquefied RFNBO hydrogen |
|
GreenWave |
Denmark |
European Energy A/S |
e-Methanol production plant for the shipping sector |
More information
Members may find more information :
- Innovation Fund projects here
- Innovation Fund project portfolio dashboard an interactive reporting platform containing projects data here
Next steps
The next meeting of the Innovation Fund Expert Group of the European Commission will take place at the end of next week and will discuss the upcoming 2024 Innovation Fund general call and Hydrogen Auction.
Kind regards
Emmanuel Vergetis
