Funding Opportunities for Low-Carbon Technologies Across EU, UK, Singapore, and US
Key Ideas
- The EU's Innovation Fund, a major backer of low-carbon technologies, allocated €1.6 billion to hydrogen projects out of €4.8 billion in funding in 2024.
- Various EU programs like Horizon Europe and the Clean Hydrogen partnership have supported hydrogen research initiatives.
- The Innovation Fund has open calls, including a fixed premium auction for RFNBO hydrogen production, with a deadline of 20 February 2025.
- Funding opportunities and support for low-carbon technologies are available in the EU, UK, Singapore, and the US.
The article highlights diverse funding opportunities in the EU, UK, Singapore, and the US for low-carbon technologies. The EU's Innovation Fund emerges as a significant contributor, allocating €1.6 billion to hydrogen projects out of its total funding of €4.8 billion in 2024. Besides the Innovation Fund, the EU has also backed hydrogen research through programs like Horizon Europe, the Connecting Europe Facility, REPowerEU, the Just Transition mechanism, and the Clean Hydrogen partnership.
The article further lists open calls under the Innovation Fund, such as a fixed premium auction for RFNBO hydrogen production with a deadline set for 20 February 2025. This showcases the continuous support and encouragement for innovation and research in the field of low-carbon technologies, including hydrogen, from various global entities. The availability of funding options and initiatives indicates a positive outlook towards sustainable and innovative solutions in combating climate change.