17/11/2021 (Agence Europe) – The European Union will invest more than €1.1 billion in seven projects aiming to develop innovative technologies to reduce greenhouse gas emissions, under the Innovation Fund. Located in Belgium, Italy, Finland, France, the Netherlands, Norway, Spain and Sweden, these projects involve energy-intensive sectors such as chemical, steel, cement and refining, as well as hydrogen, renewable energy and CO2 capture, use and storage. “They were evaluated by independent experts for their ability to reduce greenhouse gas emissions compared to conventional technologies (...) while being sufficiently mature to enable their quick deployment”, the European Commission said. After the finalisation of the ‘grant agreements’, expected in the first quarter of 2022, the Commission will be able to start distributing the grants. (DG)