Establishment of the ETS Innovation Fund

April 2018

EASE submitted a response to the European Commission Public Consultation on the “Establishment of the ETS Innovation Fund”.

The EC legislative proposal for a revised EU emissions trading system (ETS) reform involves the creation of an ETS Innovation Fund (IF). This fund is meant to support low-carbon innovative technologies, including energy storage technologies, by allocating funds to demonstration projects or projects between TRLs 6-9. It will be financed through the earmarking of revenues from the sale ETS allowances.

The European Commission has published a public consultation on the design elements of the ETS Innovation Fund.

Given the importance of the funding that could be available to energy storage projects in the future, EASE drafted a reply to the public consultation.

Read the full response to the public consultation here.

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