The European Hydrogen Bank Confirms a Blind Support Approach
The European Hydrogen Bank Confirms a Blind Support Approach The Commission has recently published the Terms & Conditions (T&C) for the pilot auction of the European Hydrogen Bank (EHB) taking place on the 23rd of November 2023, in an attempt to meet the...
Feedback on the Draft of the CBAM Implementing Regulation
Feedback on the Draft of the CBAM Implementing Regulation We welcome the Commission’s draft of the CBAM implementing regulation concerning the reporting obligations and provisional methodology for calculating embedded emissions in CBAM goods. However, we have...
Supply and Demand in the EU ETS: Powering Through the Cap
Supply and Demand in the EU ETS: Powering Through the Cap The reform of the EU’s carbon market and the free allocation regulation is now voted on. The deal was wrapped in December 2022 and was barely different from what the Commission had proposed nearly two years ago...
Fixing the Innovation Fixation
The EU’s Innovation Fund, launched in 2018, is the EU’s programme for funding cutting-edge low-carbon technologies. To be eligible, projects must be, according to the European Commission, highly innovative, cost-efficient, mature, scalable, and have a significant emission reduction potential. The Innovation Fund is financed using revenues from the Emissions Trading System (ETS), under which certain sectors have to buy emission permits (allowances) in order to be allowed to pollute.