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Further technological and market development will be key to reach the new EU CO2 reduction’s target of 2.2% per year in the ETS sectors from 2021.
Since the presentation of the Commission’s proposal for the EU ETS post-2020 framework, different ideas have emerged as to how the newly created Innovation Fund should be structured to enhance further low-carbon innovation in Europe. The experience gained through the two NER300 calls for projects represents a key asset on which the Innovation Fund should build.
In this context, Eurelectric published a paper on the Innovation Fund outlining the necessary steps in achieving a well designed and technologically neutral Innovation Fund.
To read more information on this, see the full version paper HERE.