Almost three quarters of industrial CO₂ emissions in the EU are generated during the production of process heat – a huge and largely untapped potential for decarbonisation. Technologies such as heat pumps and the direct electrification of industrial furnaces can replace the use of fossil fuels in industry. It is precisely this electrification of industry that the EU Commission is promoting in a new pilot auction with a budget of one billion euros. The auction rules (Terms and Conditions) have now been published. Fraunhofer ISI is closely involved in the design of the auction. With scientific evidence and extensive experience, we are supporting the development of an instrument that will enable funding to be used in the most straightforward, effective, cost-efficient and technology-neutral way possible.
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