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Alert issued for £9.2m government energy efficiency scheme

23 August 2017

A fund of £9.2m has been provided by the Department for Business, Energy & Industrial Strategy (BEIS) for the Industrial Energy Efficiency Accelerator (IEEA).

Attention to the scheme is being driven by BSRIA, which is urging its members and industry to take part.

Managed by The Carbon Trust, the IEEA is designed to help strengthen the global competitiveness of British industry.

The IEEA aims to lower costs and increase the number of available energy efficient technologies for a range of industrial sectors.

The programme is open to all sectors and targets innovations that will have the largest cross-sectoral impact on industrial energy efficiency and reducing carbon emissions. Up to 20 projects will be co-funded with grants from £150,000 to £750,000 per project.

The IEEA will run an open application process until January 2018 to engage with technology developers looking for chances to demonstrate their near-commercial solutions and access “incubation support”.

A series of engagement workshops will be held:
• Thursday 24th August: London.
• Thursday 7th September: Glasgow.
• Wednesday 13th September: Birmingham.

Julia Evans, Chief Executive, BSRIA said: “BSRIA is delighted to see such a scheme available which will be a great boost for members and industry alike.

"Indeed, BSRIA applauds any financial incentives that support energy savings and green measures.

"We understand that a ‘fast track’ process is available for those industrial companies already engaged with a technology developer and looking for funding and advice.”

High quality, high quality pilot projects that will go on to receive funding and implementation advice will be selected through the competitive application process based on a number of criteria, with more details available from the Carbon Trust website.

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