New Funding Initiative: Energy Transition in the Transport Sector

A new funding initiative, just announced by Germany’s Federal Ministry for Economic Affairs and Energy, is aimed at funding research projects which seek to produce and use alternative electricity-based fuels and to integrate the latest technologies into the energy sector.

The funding initiative called “Energy Transition in the Transport Sector: Sector Coupling through the use of Electricity-based Fuels” will link together the energy sector, the transport sector and the maritime industry more closely with respect to technology and innovation policy.

The Federal Ministry for Economic Affairs and Energy is providing around 130 million euros in funding over the coming three years, thereby establishing incentives for the use of synergies through ambitious innovative and system-oriented research and development projects.

Electricity-based fuels can be used in passenger vehicles, lorries, sea-faring vessels, construction equipment or in stationary industrial engines. Based on a cross-sectoral approach, the BMWI is also providing funding for research and development in the field of maritime systems using synthetic fuels and smart micro-grids in port areas.

State Secretary Beckmeyer said:

“The new funding initiative seeks to link innovative energy technologies with maritime technologies. In this way, we are making progress on the energy transition in the transport sector. At the same time, the use of low-carbon and low-emission combustion engines is opening up new opportunities for German industry.”

The ministry has commissioned Jülich project management (PtJ) and TÜV Rheinland project management (PT TÜV) to administer the funding initiative.

Photo credit: http://www.colourbox.com. Material used in the preparation of this article has been drawn from The Federal Ministry for Economic Affairs and Energy (BMWI).

 

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