Innovation Fund

Besides Horizon 2020 and Horizon Europe there are many other relevant funding programmes managed by several agencies and directorates of the European Commission.

Innovation Fund

The Innovation Fund was set up with the revenues of the emission trading system (ETS). The purpose is to reduce greenhouse gas emissions by private companies in harder to abate sectors. It aims at 4 technologies: renewable energy sources and storage, carbon capture and storage, carbon capture and utilization, innovative low carbon solutions.

Michiel Maertens
michiel.maertens@vlaanderen.be |

Testimonial

image of AENEAS – Innovative energy storage systems onboard vessels

AENEAS – Innovative energy storage systems onboard vessels

Funded under Horizon Europe (HORIZON-CL5-2022-D5-01-02), running from 2023 to 2026, AENEAS advanced the development of innovative electric energy storage solutions tailored for waterborne transport. The project has also created tools & platforms to support the optimal integration of new energy storage systems into vessels, assess their impact on overall system efficiency, and quantify potential reductions in greenhouse gas emissions. The project consortium, led by Flanders Make, consists of 14 partners from 8 countries. Read more about the project in this testimonial.