First-ever Innovation Fund auction for decarbonising industrial process heat. Budget of EUR 1 billion for projects electrifying industrial heat or using renewable heat. Eligible technologies: - Electric heat pumps for industrial processes - Direct electrification of furnaces - Renewable heat sources (solar thermal, geothermal, biomass) - Hybrid heating systems Target industries: - Chemicals and petrochemicals - Food and beverage processing - Paper and pulp - Ceramics and glass - Other process industries Support: Competitive auction with fixed premium per unit of heat Deadline: 19 February 2026, 17:00 CET Spain provides additional EUR 50 million national top-up for heat projects.