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08/05/2013
£21m For Low-Carbon Product Development
The UK government has awarded £21m to entrepreneurs to help develop new low-carbon products.
£16m has been awarded under the Energy Entrepreneurs Fund, £2m under the first phase of Energy Storage competitions and £3m for Advanced Heat Storage.
All three schemes are designed to encourage innovation in the low carbon sector.
30 projects have been awarded a share of up to £16m under the first phase of the Department of Energy and Climate Change's (DECC) Energy Entrepreneurs Fund.
This is part of a £35m fund announced in April 2012 that aims to support energy efficiency technologies.
16 organisations will receive a share of £2m to help develop innovative storage solutions for energy.
£3m has been awarded to entrepreneurs to carry out feasibility studies and demonstrate designs for compact heat stores in the domestic sector.
Energy and Climate Change Minister Greg Barker said: "This new investment will give these organisations the boost they need to drive forward the development of a range of innovative low carbon designs, helping cut costs and bring new technologies to market in this sector.
"Innovation is vital for the move towards a low carbon economy and it’s great to see so many entrepreneurs rising to the challenge. I wish the winners every success with their projects."
(IT/CD)
£16m has been awarded under the Energy Entrepreneurs Fund, £2m under the first phase of Energy Storage competitions and £3m for Advanced Heat Storage.
All three schemes are designed to encourage innovation in the low carbon sector.
30 projects have been awarded a share of up to £16m under the first phase of the Department of Energy and Climate Change's (DECC) Energy Entrepreneurs Fund.
This is part of a £35m fund announced in April 2012 that aims to support energy efficiency technologies.
16 organisations will receive a share of £2m to help develop innovative storage solutions for energy.
£3m has been awarded to entrepreneurs to carry out feasibility studies and demonstrate designs for compact heat stores in the domestic sector.
Energy and Climate Change Minister Greg Barker said: "This new investment will give these organisations the boost they need to drive forward the development of a range of innovative low carbon designs, helping cut costs and bring new technologies to market in this sector.
"Innovation is vital for the move towards a low carbon economy and it’s great to see so many entrepreneurs rising to the challenge. I wish the winners every success with their projects."
(IT/CD)
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
