France Énergies Marines, pre-selected for ‘Investments for the Future’ funds

France Énergies Marines successfully passed an important step in the ‘Investments for the future’ call for proposals for the establishment of an Institute of Excellence for Carbon-free Energy (IEED). FME is one of eight projects chosen from a total of 19 competing proposals.

Two projects have already been awarded funding. Six others, including FME, were pre-selected and must clarify certain points in their applications to secure funding starting late July. The requested financial support for this marine energy project amounts to €43 million for a total budget of €142 million over a 10 year period.

See the following press release: