On 12 July 2022, the European Commission published the 17 large-scale innovative clean-tech projects which were selected for grant agreement preparations under the Innovation Fund, one of the world’s largest programmes for the demonstration of innovative low-carbon technologies. Grants of €1.8 billion will be disbursed from the Innovation Fund to help bring breakthrough technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables.
Among the selected projects which cover a wide range of sectors contributing to the EU’s decarbonisation efforts, three of them are of Carbon Capture and Utilisation (CCU) interest, and more specifically two of them will be developed by our following members:
- Holcim will be a partner of the ‘Carbon2Business’ project which will deploy a second generation oxyfuel carbon capture process at Holcim’s Lägerdorf cement plant in Germany, capturing over 1 million tonnes of CO2eq annually and providing it as a raw material for further processing into synthetic methanol.
- LanzaTech’s will be partner of the ‘HySkies: A partnership to develop Sustainable Aviation Fuel’ project, which will build a large-scale synthetic sustainable aviation fuel production facility in Sweden.
More info can be found here.