CO2 Electrolysis
The Innovation Exchange programme is working alongside MVM Group, the largest energy company in Hungary. MVM is looking to engage innovators and innovative companies that can provide a highly efficient one-step process to transform high-purity CO2 emissions into value-added products or valorizable industrial starting materials.
Opportunity
Challenge opens
30/08/2022
Challenge closes
21/10/2022
Benefit
Successful applicants can expect to work closely with MVM to advance the TRL of the solution and may have opportunities for pilot testing at MVM facilities. It is expected that the successful applicants and MVM will pursue European innovation funding, such as Horizon Europe.
Background
According to Hungary’s National Energy and Climate Plan, domestic GHG emissions should be reduced by at least 40% by 2030 over the year 1990. It is Hungary’s strategic objective to strengthen the trend of reducing the energy and GHG intensity of Hungary's generated national income in parallel with maintaining high-quality economic growth.
On the road to achieving this goal, Hungary assigns a priority to the objective of improving innovation and maximising the economic development opportunities underlying energy innovation and climate change. Within the framework of the new energy innovation strategy, Hungary plans to encourage the use of innovative solutions to ensure the smooth and climate-friendly transformation of the energy sector.
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