De-risking renewable fuel technologies through transnational pre-commercial procurement of renewable fuel industrial value chains

Expected Outcome: Project results are expected to contribute to all of the following expected outcomes: Public authorities, industry, technology providers, energy producers and consumers profit from de-risking of cost-effective essential value chains of those renewable fuel technologies that can contribute to domestic commercial fuel production beyond 2030 customized to their needs, from improved access to better financing exploiting synergies across funding schemes, and from more effective market uptake, business models, increased competitiveness, and commercialization opportunities. Energy producers, clean tech manufacturing industries, researchers and consumers benefit from improved performance, lower environmental impact, security and competitiveness of ad-hoc renewable fuel technologies compared to existing ones, as well as new market opportunities. Community, public authorities and industry benefit from sharing the de-risking cost and reducing it by engaging several competing solution suppliers/technology providers in parallel, boosting transnational public and private investments in de-risking and attracting new players to tackle supplier lock-in issues The implementation of the Strategic Energy Technology Plan (SET Plan) Action of Renewable Fuels and Bioenergy is supported and facilitated by better alignment of public and private R&I priorities and of funding mechanisms. Policy makers and regulators are provided with evidence to accelerate permitting procedures and in…bron

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