BRIEFING: EU revamps pilot heat auction in test run for future Industrial Decarbonisation Bank

Published 09:58 on July 8, 2026 / Last updated at 09:58 on July 8, 2026 / / CO2 Management (CCUS), EMEA (Europe), Insights (Briefings), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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The European Commission is overhauling its pilot auction for industrial heat decarbonisation, after last year's first round drew strong interest on paper but ended up using less than half of its €1 billion budget – a result Brussels now frames as a warning for the future EU Industrial Decarbonisation Bank.
The European Commission is overhauling its pilot auction for industrial heat decarbonisation, after last year's first round drew strong interest on paper but ended up using less than half of its €1 billion budget – a result Brussels now frames as a warning for the future EU Industrial Decarbonisation Bank.


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