The European Commission has opened three major funding opportunities under the Innovation Fund, mobilising €5.2 billion from EU Emissions Trading System (EU ETS) revenues to support Europe’s clean industrial transition. The package includes:

• €2.9 billion for the 2025 Net-Zero Technologies call
• €1.3 billion for the third auction of hydrogen production under the European Hydrogen Bank
• €1 billion for the first-ever auction to decarbonise industrial process heat under the new Industrial Decarbonisation Bank

IF25 Net-Zero Technologies Call is open for applications until 23 April 2026.

Applicants are strongly encouraged to attend the Info Day which will take place on 16 December. Successful applicants are expected to sign grant agreements by the first quarter of 2027.

IF25 Hydrogen Auction & IF25 Heat Auction are open for applications until 19 February 2026.

Info Days for both auctions will take place on 10 December 2025. Successful bidders are expected to sign grant agreements within nine months after the call closure.