Govt seeks bidders to share £25m in carbon-capture and energy-efficiency and storage funding boost

Graphic: Scottish Carbon Capture & Storage
Graphic: Scottish Carbon Capture & Storage

The UK government yesterday called on low carbon ener-preneurs to bid for a total of £15 million in funding for innovation projects that lead to:

  • A significant reduction in the cost of capturing and sequestering carbon dioxide; and/or
  • A quicker, more widespread deployment of CCUS in the UK and overseas

Funding of up to £5 million will be considered for feasibility studies, industrial research or experimental development projects, and up to £7 million for research infrastructure that enables the UK to conduct world-leading research and innovation into CCUS.

Project funding will be available for up to 24 months, with projects finishing by 31 March 2021.

Bidders must submit the application forms by email to Industry.Innovation@beis.gov.uk by 11 November 2018.

Meanwhile, the government’s Energy Entrepreneurs Fund also yesterday called for bids to win a share of up to £10 million to support the development of technologies, products and processes in energy efficiency, power generation and storage.

The scheme particularly aims to assist small and medium-sized enterprises, including start-ups, and those companies that are selected will receive additional funding for incubation support.

A total of £10 million is  currently – with up to £1 million available for projects seeking up to £250,000.

Deadline for applications is 3 Aug 2018

For more information:
Energy Entrepreneurs Fund: phase 7

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