£21million Awarded to Energy Entrepreneurs to Develop Low Carbon Technologies

Over 40 entrepreneurial organisations, working in the energy and low carbon sectors, have been successful in being awarded funds totalling £21million under DECC’s energy entrepreneurs fund.  The energy storage competition and advanced heat storage scheme was set up by DECC to help encourage innovation.

• £16million has been awarded to thirty projects under the energy entrepreneur’s fund (part of £35million set aside in April 2012). Winning projects include smart energy control systems, new waste management systems and new insulation installation ideas;
• 16 organisations have been awarded a share of £2million to help towards developing new ideas for energy storage; and
• £3million has been awarded to organisations for feasibility studies and demonstration of new designs for compact heat storage in the domestic sector.

For more information, help or advice on Energy issues please contact our Energy Team on 0191 211 7777.