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Datum objave:
1.12.2020
Rok za oddajo:
10.03.2021
Višina sofinanciranja:
60% of the total capital expenditure of the project

 infographic 3 en

Title

Call for support for small-scale innovative low-carbon projects  

Total capital expenditures per project: below €7.5M (€2.5M - €7.5M) 

Grant amount

Up to 60% of total capital expenditures

Max grant = 60% of €7.5M = €4.5M 

Min grant = 60% of €2.5M = €1.5M  

  • up to 40% at financial close, not-depending on verified emissions avoidance
  • 60% dependent on delivery of GHG emission avoidance
From Whom Climate Action Directorate of the European Commission (DG CLIMA) - Innovation Fund
Evaluation and award procedure 
  • Degree of innovation (double weight) 
  • Project maturity (double weight) 
  • Scalability and cost efficiency

Award criteria 

  • Greenhouse Gas (GHG) emission avoidance potential (absolute and relative GHG emission avoidance) 
  • Degree of innovation  
  • Project maturity (implementation and financial maturity) 
  • Scalability 
  • Cost efficiency  

Selection procedure: 

List of pre-selected projects to be consulted with Member States:  

  • → award of PDA or 
  • → award of project grant 
Type of application Single - stage procedure
Objectives
  • Support small-scale projects demonstrating highly innovative technologies, processes or products, that are sufficiently mature and have a significant potential to reduce greenhouse gas emissions; 

Activities that can be funded 

  • Activities that support innovation in low-carbon technologies and processes in sectors listed in Annex I to the ETS Directive, including environmentally-safe carbon capture and utilisation (CCU) that contributes substantially to mitigating climate change, as well as substitute products; 
  • Activities that help stimulate the construction and operation of projects that aim at the environmentally-safe capture and geological storage of CO2 (CCS); 
  • Activities that help stimulate the construction and operation of innovative renewable energy and energy storage technologies; 

This is done through projects focusing on:

  • innovative low-carbon technologies and processes in energy-intensive industries, including products substituting carbon-intensive ones
  • carbon capture and utilisation (CCU)
  • construction and operation of carbon capture and storage (CCS)
  • innovative renewable energy generation
  • energy storage.
Partnership

Minimum number of applicants is one and must be: 

  • legal person and 
  • belong to one of the following categories: private entity, public entity or international organization.

Natural persons and EU bodies are not eligible. 

Project duration Project must reach financial close no later than four years (48 months) after grant signature.
Timeline

Opening of the tender: 1 December 2020.

Deadline for submission of applications: 10. March 2021
 
Decision: August 2021

Comments

The fund will act as a private investor - it supports the idea, which will eventually be sold to the client (the client can participate in the preparation of the application) - the sale of new technology to the first buyer.

Call objectives: 

  • to offer financial support tailored to markets needs and risk profiles of eligible projects, while attracting additional public and private investors; 
  • to complement the large-scale by targeting smaller-scale projects, thereby offering another opportunity, in particular for small and medium-size companies to have their projects supported; 

 


 Vir: TikoPro