This RFP is the next step in the EU-Catalyst partnership, which seeks to mobilise up to €820 million ($1 billion) between 2022 and 2027 to accelerate the deployment and rapid commercialisation of innovative technologies.
Submit a proposal
Catalyst invites all developers or sponsors of mature clean hydrogen, direct air capture, sustainable aviation fuel, or long duration energy storage projects located in the European Union, Norway, or Iceland to submit a proposal.
Catalyst is seeking to provide funding (and potentially offtake agreements) to Respondents of this RFP and may offer the following instruments to selected projects (either one instrument or multiple at the discretion of Catalyst):
In addition to the above Catalyst funding, projects selected from this RFP may be considered by the European Commission and European Investment Bank to receive blended financing under the InvestEU Programme.
More information
Read more about Breakthrough Energy Catalyst and submitting a proposal. On their website you can also apply for an informational webinar on 1 February 2022.
Timing
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The RFP is expected to remain open for submissions until 31 December 2027 (RFP Close Date) (or until all BEC funds are fully committed).
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All Respondents seeking funding in the first half of 2023 must provide their Part I Submission by 13 May 2022, at which time Catalyst will undertake its first round of evaluations.
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After 13 May 2022, submissions will be evaluated on a rolling basis (no less frequently than semi-annually) until the RFP Close Date.
About Breakthrough Energy Catalyst
Breakthrough Energy Catalyst is a new program to help bridge funding gaps and de-risk project execution for breakthrough climate technologies. The fund aims to launch commercial stage demonstration projects by bringing together stakeholders – developers, buyers, and financiers – to increase the availability and scale of low-carbon technologies. In doing so, Catalyst seeks to reduce the Green Premium and displace fossil-based technologies in favour of cost-effective, climate-positive alternatives.