Geothermal Innovation Days 2024 Funding Opportunities

Funding opportunities Geothermal Innovation Days 21 November 2024 15-16 October 2024

2 Horizon Europe www.egec.org

Horizon Europe 3 Geothermal Innovation Days 2024 2024: 43 projects selected for EUR 241.6 million in sustainable, secure and competitive energy supply topics. The European Commission launched calls for proposals under Horizon Europe's Work Programme for 2023-2024 Cluster 5 which groups together topics on Climate Action, Energy and Mobility. A total of EUR 246 million of EU funding was available under HORIZON- CL5-2024-D3-01 call for 17 single-stage sustainable, secure and competitive energy supply topics under the Global leadership in renewable energy and Energy systems, grids and storage thematic scopes opened on 12 September 2023. For the call Innovative applications/integration of geothermal heating and cooling in industry , 12 were the proposal evaluated, of which 3 were considered above threshold and within funding range. www.egec.org

HORIZON-CL5-2023-D3-02-05: Advanced exploration technologies for geothermal resources in a wide range of geological settings 4 Geothermal Innovation Days 2024 Model: single-stage Date: Opening: 04 May 2023 and Deadline(s): 05 Sep 2023 Budget: 8 million, The Commission estimates that an EU contribution of between EUR 4.00 million would allow these outcomes to be addressed appropriately. > 2 projects Call Activities are expected to achieve TRL 5 by the end of the project Number of proposals submitted: 20 proposals received ! 4 awarded www.egec.org

HORIZON-CL5-2023-D3-02-06: Smart use of geothermal electricity and heating and cooling in the energy system 5 Geothermal Innovation Days 2024 Model: single-stage Date: Opening: 04 May 2023 and Deadline(s): 05 Sep 2023 Budget: 15 million, The Commission estimates that an EU contribution of between EUR 5 million would allow these outcomes to be addressed appropriately. > 3 projects Call Scope: Demonstrate the technical and economic feasibility of responding to commands from a grid or network operator, at any time, to increase or decrease output ramp up and down. - demonstrate the automatic generation control (load following / ride-through capabilities to grid specifications) and ancillary services of geothermal power plants. Address flexible heating and/or cooling supplied from binary cycles or EGS plants, including coupling with renewable energy sources. Increase variable demand of heating, cooling and electricity by integration of adequate installations and equipment such as heat pumps, energy piles, energy sheet pile walls, ORC turbo-expanders, heat exchanger networks, hot and cold reservoirs (e.g. geothermal storage, UTES). Activities are expected to achieve TRL 7 by the end of the project Number of proposals submitted: 5 proposals received ! 2 awarded ! www.egec.org

HORIZON-CL5-2024-D3-01-06: Innovative applications/integration of geothermal heating and cooling in industry 6 Geothermal Innovation Days 2024 Model: single-stage Date: Opening: 12 Sep 2023 and Deadline(s): 16 Jan 2024 Budget: 9 million, The Commission estimates that an EU contribution of between EUR 3 million would allow these outcomes to be addressed appropriately. > 3 projects Call Expected Outcome: High integration of geothermal heating and/or cooling in different industry sectors with operation flexibility considering start-up time and ramp-up rate, and maximum cascaded use of thermal energy. Increased industry, region, city and citizen trust and acceptability for geothermal energy. Activities are expected to achieve TRL 5 by the end of the project Number of proposals submitted: 12 Number of above-threshold proposals: 6 Number of proposals retained for funding: 3 Number of proposals in the reserve list: 2 Number of proposals with scores lower or equal to 15 and higher or equal to 14: Number of proposals with scores lower than 14 and higher or equal to 13: 2 Number of proposals with scores lower than 13 and higher or equal to 10: 2 www.egec.org

Horizon Europe 7 Geothermal Innovation Days 2024 HORIZON-CL5-2024-D3-02-10: Market Uptake Measures of renewable energy systems Project results are expected to contribute to at least two of the following expected outcomes: Facilitate the wider uptake of renewable energy systems (RES) in the energy, industrial and residential sectors leading to an increased share of renewable energy in the final energy consumption by 2030 and beyond. Contribute to provide open source validated tools and methodologies for policy makers and stakeholders for developing more informed RES policy and for analysing the market dynamics when including all renewable energies. Contribute to the development of markets and respective financial frameworks that can operate in an efficiently and incentive-compatible manner while accommodating massive shares of renewables. Improve social acceptability of renewable energy facilities and installations. Deadline for submission: 4 February 2025 www.egec.org

Horizon Europe 8 Geothermal Innovation Days 2024 Climate-Neutral and Smart Cities Mission: Changing urban spaces and mindsets to accelerate the transition to climate neutrality The EU Mission on Climate-Neutral and Smart Cities (Cities Mission) is supporting 100 cities from the 27 EU Member States, and 12 cities from countries associated, or with the potential of being associated to Horizon Europe, in their transformation towards climate neutrality by 2030. A total of EUR 98 million is available under this new call for project applications, with a deadline of 11 February 2025. The call covers four topics: Rethinking urban spaces towards climate neutrality Zero-pollution cities Mobility management plans and behavioural change Integrated peri-urban areas in the transition towards climate neutrality Improve social acceptability of renewable energy facilities and installations. Deadline for submission: 11 February 2025 www.egec.org

9 EU Innovation Fund www.egec.org

EU Innovation Fund 10 Geothermal Innovation Days 2024 The Innovation Fund is one of the world s largest funding programmes for the demonstration of innovative low-carbon technologies. www.egec.org

EU Innovation Fund call 2023/2024 11 Geothermal Innovation Days 2024 On 22 October 2024, the IF23 selected 85 projects to receive 4.8 billion in grants. These projects plan to reduce greenhouse gas emissions by 476 million tonnes of CO2 equivalent over 10 years. Projects have been selected based on different criteria: effectiveness of greenhouse gas emissions avoidance degree of innovation project maturity replicability cost efficiency www.egec.org

EU Innovation Fund call 2023/2024 12 Geothermal Innovation Days 2024 On 22 October 2024, the IF23 selected 85 projects to receive 4.8 billion in grants. These projects plan to reduce greenhouse gas emissions by 476 million tonnes of CO2 equivalent over 10 years. www.egec.org

EU Innovation Fund call 2024/2025 13 Geothermal Innovation Days 2024 The IF24 Auction and Calls are expected to launch on 3 December 2024. www.egec.org

EU Innovation Fund 14 Geothermal Innovation Days 2024 IF2023/2024 & 2024/2025 Call covers 5 topics: 1. General decarbonisation (large-scale) - EUR 1.7 billion available for projects with CAPEX (capital expenditure) above EUR 100 million 2. General decarbonisation (medium-scale) - EUR 500 million available for projects with CAPEX between EUR 20 million and EUR 100 million 3. General decarbonisation (small-scale) - EUR 200 million available for projects with CAPEX between EUR 2.5 million and EUR 20 million 4. Cleantech manufacturing - EUR 1.4 billion available for projects with CAPEX above EUR 2.5 million focusing on component manufacturing for renewable energy, energy storage, heat pumps and hydrogen production 5. Pilot - EUR 200 million available for projects with CAPEX above EUR 2.5 million focusing on deep decarbonisation (i.e., technologies that can reduce relative GHG emissions by at least 75% compared to the reference scenario). www.egec.org

15 Strategic Technologies for Europe Platform www.egec.org

STEP 16 Geothermal Innovation Days 2024 The Strategic Technologies for Europe Platform (STEP) enhances EU industrial competitiveness by focusing on developing critical technologies for a sustainable, competitive future. It tests new strategi measures and strengthens EU industrial policy. www.egec.org

STEP 17 Geothermal Innovation Days 2024 An initiative to support financially NZIA. STEP seeks to reinforce, leverage and steer EU funds existing and new to investments in deep and digital, clean and bio technologies in the EU, and in people who can implement those technologies into the economy. STEP also introduces the Sovereignty seal the EU quality label for sovereignty projects. Information about existing funding opportunities for STEP investments and relevant contact details of national authorities, on a dedicated Sovereignty portal. www.egec.org

18 Net Zero Strategic Projects www.egec.org

Net Zero Strategic Projects 19 Geothermal Innovation Days 2024 Net zero strategic projects are net zero technology manufacturing projects in the scope of the NZIA, that have been granted the strategic projects status by the Member State where they act or will be established. NZIa manyfacturing project is: a planned commercial facility or an extenstion or repurposing of an existing facility to manufacture net-zero technologies, or an energy-internsive industry decarbonisation project (meaning the construction or conversion of the commercial facility of an energy-intensive business that are part of the supply chain of a net-zero technology and that are to reduce emission rates of CO2-eq of industrial processes significantly and permanently to an extent which is technically feasible) www.egec.org

Net Zero Strategic Projects 20 Geothermal Innovation Days 2024 2 1 Apply via standard application form: (a) NZ technology manufacturing projects: either the production component is listed in the Annex of NZIA or proof is provided to authorities (i.e. via application) that the production component is primarly used for the production of NZ technologies (b) Energy intensive industry decarbonisation projects: proof is provided to authorities (i.e. via application) that the project fulfil criteria (i) and (ii) Apply fast track via written request form: Projects currently benefitting from ETS innovation fund, IPCEI, Hydrogen Valleys, Hydrogen Bank, Cohesion funding and are locatind in less developed and transition regions or Just Transition Fund territories. www.egec.org

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