The European Commission has selected 65 projects across Europe to share around €400 million in funding aimed at cutting industrial emissions through cleaner heat production technologies. The projects were chosen under the first Innovation Fund Heat call, which focuses on electrification and other low-carbon heat solutions for energy-intensive industries.
The funding, sourced from the EU Emissions Trading System (ETS), supports technologies such as electric boilers, heat pumps, and thermal storage. The selected projects span multiple sectors including chemicals, food processing, and steel, and are expected to reduce greenhouse gas emissions by an estimated 10 million tonnes of CO2 equivalent over their first 10 years of operation.
This initiative is part of the European Green Deal's goal to achieve climate neutrality by 2050. The Innovation Fund is one of the world's largest programs for demonstrating innovative low-carbon technologies, with total resources of over €40 billion from 2020 to 2030, depending on carbon prices.
