Scotland offers £34m for energy intensive firms to reduce costs and emissions

Businesses can apply for grants of more than £125,000 to invest in energy efficiency schemes and low carbon technologies

A new £34 million fund to help businesses in the manufacturing sector reduce energy costs and emissions has been launched in Scotland.

Businesses can apply for match funded grants of more than £125,000 to invest in energy efficiency schemes and low carbon technologies under the Scottish Industrial Energy Transformation Fund (SIETF).

The fund is open to industries where energy consumption makes up a significant part of their production costs, giving priority to the most energy-intensive sectors in Scotland, including cement, ceramics, chemicals, food and drink, glass, iron and steel, paper and pulp and oil and gas refining.

Scottish Energy Minister Paul Wheelhouse said: “Our industrial and commercial sector have a vital role to play in helping meet Scotland’s world leading climate change targets, including our strategy target for a 75% reduction in emissions by 2030, and improving industrial energy efficiency will be a significant part of that.

“The SIETF will support Scottish manufacturing industries transition to a low carbon future, not only helping businesses cut emissions but also reducing their energy costs. The support can be used to invest in a wide range of technologies, including systems to recover and re-use heat from an industrial process and technology to reduce the amount of energy used within a manufacturing production line.”

Applications can be sent until 26th February 2021.

 

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