EU ETS Innovation Fund – First Call

The EU Commission has launched a first project call within the framework of the EU ETS Innovation Fund. The call is technology-neutral, covers all eligible sectors, and specifically targets large-scale projects with capital expenditure above 7.5 million euro. In total, it sets aside no less than 1 billion euro in subsidies. The call is open until 29 October 2020.

The first call issued within the EU ETS Innovation Fund is technology-neutral and open to large-scale projects (capital expenditure above 7.5 million euro) in all eligible sectors: energy-intensive industries (including CCUS), renewable energy, energy storage, substitute products and cross-cutting projects.

The call sets aside 1 billion euro for subsidies and another 8 million euro for project development assistance through the European Investment Bank. Grants will cover up to 60% of the additional costs linked to the innovative low-carbon technology applied. Both single companies and consortia can apply. The call does not only focus on companies that fall under the EU ETS, other companies can submit projects too.

The submission procedure for this first call is divided into two stages: (1) an expression of interest by 29 October 2020 and (2) a formal project application. Projects that do not meet the threshold for the second stage may be invited to benefit from project development assistance (PDA) from the European Investment Bank. Final project grants will be awarded in late 2021. More information about the submission, selection and evaluation procedure can be found in the official call text.

More calls will follow between 2020 and 2030, with a first call for small-scale projects (capital expenditure below 7,5 million euro) expected to be published in late 2020/early 2021.

Support by the Flemish Government
The Flemish government actively supports companies seeking funding through the EU ETS Innovation Fund. Companies interested in submitting a proposal can contact VLAIO representatives Pascal Verheye and Bart De Caesemaeker for support.

More Information
For general information about the fund, please visit (in English) or (in Dutch). For more information about the submission, selection and evaluation procedure of the first call, please visit, or consult the official call text on the EU Funding & Tenders Portal.

If you have any further questions about this first call or about the EU ETS Innovation Fund in general, please contact catalyst Tine Schaerlaekens.