€1 Billion EU Innovation Fund Auction Opens Today: The Race to Decarbonize Europe’s Industrial Heat Has Officially Begun
€1 Billion EU Auction: A Game-Changer for Decarbonizing Europe's Industrial Heat Posted by Robert Buluma | December 4, 2025 In a bold move toward climate neutrality, the European Commission has just opened the doors to a €1 billion funding bonanza aimed squarely at slashing fossil fuel dependency in one of Europe's most carbon-intensive sectors: industrial heat. If you're in the energy transition space, engineering, or sustainability game, this is your wake-up call. The Innovation Fund Fixed Premium Auction 2025 (IF25) for Industrial Process Heat Decarbonisation is now live, and it's not just another grant round—it's a competitive sprint to electrify and renew the way industries heat up their operations. As of today, December 4, 2025, the call is open for submissions until February 19, 2026. With projects required to be up and running within four years of grant signature, this auction is designed for speed and scale. Let's break it down: what it covers, who'...