A survey to make the Innovation Fund accessible to the geothermal sector
17.08.2022The Innovation Fund is a European Financing programme from the EU, which aims to invest part of the revenues from the European carbon trading scheme to the development of innovative clean energy technologies. No geothermal projects have yet received support as part of the large-scale calls.To change this, the EGEC asks to fill in a survey by 31.08.2022.
In its call for the survey, the EGEC writes: «The Innovation Fund is now on its third call for project, and we are yet to see geothermal project receive support as part of the large-scale calls. This trend is threatening the relevance of the Innovation Fund which has not been able to achieve its mission of bringing innovative renewable energy technologies to market. The European Commission is therefore looking at how the Fund could evolve to better incorporate geothermal energy projects and other renewable energy projects. This questionnaire will help EGEC in its effort to shape the revised Innovation Fund to finally make this facility accessible to geothermal project developers.»
More informations:
- EGEC Factsheet on the Innovation Fund
- European Commission page on the Innovation Fund
- Details on the 3rd Innovation Fund call for large scale projects