Webinar Innovation Fund Call 2023

Join our webinar on October 24th to learn about the new pilot auction mechanism that will be used to allocate funding for renewable hydrogen production projects under the Innovation Fund.

This webinar will provide an overview of the new pilot auction mechanism that will be used to allocate funding for renewable hydrogen production projects under the Innovation Fund call 2023.

The webinar will cover the following topics:

• The purpose of the auction, which is to support renewable hydrogen production projects in the EU.
• The eligibility criteria for projects, which include that they must be located in the EU, be at least 20 MW in size, and have a minimum GHG savings of 70%.
• The bidding process, which will be a sealed-bid auction with a single round.
• The evaluation criteria, which will be based on the price of the bid and the project’s GHG savings.
• The award process, which will be based on the ranking of the projects according to the evaluation criteria.
• The monitoring and reporting requirements for projects.
• The rules on cumulation with other state aid, requirements for financial security, and dispute resolution mechanisms.

The webinar is aimed at project and technology developers, investors, and other stakeholders who are interested in learning more about the new RES Hydrogen Auction Pilot and how to participate in the auction.