European Commission logo
English English
CORDIS - EU research results
CORDIS

EIT InnoEnergy Business Plan 2023 - 2024

Project description

Promoting education, innovation and business in sustainable energy

The Energy Union strategy aims to achieve energy sustainability by reducing energy costs, enhancing energy system security, and lowering greenhouse gas emissions. The EU-funded KIC SE BP2023-2024 project will promote innovation and entrepreneurship in sustainable energy by harnessing the potential of higher education, research and industry across Europe and globally. The EIT InnoEnergy programme focuses on education programmes that support sustainable energy transitions, innovation projects that drive technological and business model advancements, and business creation services that assist innovative startups and small enterprises. The project focuses on industrial value chains related to batteries, photovoltaics and green hydrogen acceleration, and covers six thematic fields, including smart grids, storage, renewables and energy for transport.

Objective

EIT InnoEnergy is synonymous with innovation and entrepreneurship in the field of sustainable energy. It is achieving this by leveraging the potential of the knowledge triangle: higher education, research, and industry throughout Europe, and globally. For EIT InnoEnergy, sustainability in energy means aligning with the Energy Union strategy, contributing to three objectives: (1) Decrease the cost of energy (€/kWh), (2) Increase the security of the energy system (operability of assets and autonomy in supply), and (3) Reduce greenhouse gas emissions.

We operate three business lines:
(1) the Education Programmes, which create and accompany the future significant changes in sustainable energy;
(2) the Innovation Projects, which focus on producing incremental and disruptive technological and business model innovations;
(3) the Business Creation Services(entrepreneurship), where we nurture innovative start-ups and grow small enterprises in sustainable energy. These business lines are supported by the management and operations activities.

EIT InnoEnergy is also orchestrating three industrial strategic value chains on batteries and Photovoltaic (PV) through the European Battery Alliance and European Solar Initiative, formally mandated, and endorsed, respectively, by the European Commission in 2017 and 2020. EGHAC (European Green Hydrogen Acceleration Center) is the third one on green hydrogen, implemented together with Breakthrough Energy.

All our activities focus on six thematic fields (Smart Grids, Storage, Smart Cities and Efficient Buildings, Energy from Chemical Fuels, Renewables and Energy for Transport) that evolve with the energy market changes and are fully aligned with the European Union Energy Strategy and the NECP (National Energy and Climate Plans).

EIT InnoEnergy will fully comply with the EIT Financial Sustainability principles, KIC fund principles, Innovation Principles, EIT RIS Hub Minimum Standards and Good Governance principles.

Coordinator

KIC INNOENERGY SE
Net EU contribution
€ 42 179 522,98
Address
JOHN F KENNEDYLAAN 2 6E VERDIEPING
5612 AB Eindhoven
Netherlands

See on map

Region
Zuid-Nederland Noord-Brabant Zuidoost-Noord-Brabant
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 47 991 636,73

Participants (3)