Post-2020 – EU Emission Trading System (ETS): key messages regarding the establishment of the Innovation Fund
The European Commission is holding a public consultation on the establishment of an Emission Trading System (ETS) Innovation Fund, which would have as its objective support for demonstration of carbon capture, storage and utilisation facilities, innovative renewable energy technologies and low-carbon technologies and processes as integrated approaches in energy-intensive industrial sectors.
In order to help the industry and power sectors meet the innovation and investment challenges of the transition to a low-carbon economy, Orgalime has a number of recommendations for the establishment of the Innovation Fund: regarding the envisaged eligibility criteria, the type of support criteria and possible modulation of the maximum support rate, the application and selection procedure, and the relationship of the ETS to other funding instruments.
Download the position paper to read our comments in full.
Authors

Director - Energy, Climate & Environment