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The Innovation Fund is the EU’s most powerful tool to fund clean energy pre-commercial projects – including wave & tidal arrays.
It provides a combination of large up-front capex grants and payments linked to power generation milestones.
The 3rd large-scale call opened on 3 November 2022. It has a €300m ‘window’ for Pilot Projects. Projects can get grants of up to €40m – and the window’s scoring system is very favourable to ocean energy.
The Innovation Fund remains competitive, and proposals need to be of high quality. So OEE has organised a members-only webinar on 17 November at 11:00 CEST – to give members the best chance of winning.
Uwe Lutzen, Head of Sector in the European Commission’s ‘CINEA’ Agency will introduce the new Innovation Fund call and answer any questions from the sector.
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