With Plasma, Solar, Magnets, EU Aims to Help Decarbonize Industrial Heat Generation

June 23, 2026 European Union

65 Projects accepted

10 EU countries involved

€400 Million EU grants available

300% Funding oversubscribed by

6.6 Million Tons co2 saved

1.5 Billion Cubic Meters natural gas saved

The EU launched a €400 million industrial heat decarbonization auction, accepting 65 projects from 10 countries.