KTN supporting The Carbon Trust on new phase of Industrial Energy Efficiency Accelerator
The Carbon Trust, with support from KTN and Jacobs, has been re-appointed to design and run the next phase of the UK government’s Industrial Energy Efficiency Accelerator (IEEA), launched by the Department for Business, Energy, and Industrial Strategy (BEIS).
Over the next four years the Carbon Trust, with support from Jacobs and KTN, will deliver the competitive funding programme. Around £8m will be available to projects that have the potential to reduce carbon emissions and maximise energy and/or resource efficiency, through demonstration of near to market innovations. The IEEA also aims to address both technical and commercial challenges by providing tailored incubation support to SME technology developers to drive UK expertise, exports and jobs.
Industry is the third largest emitting sector in the UK; accelerating the adoption of low carbon, energy and resource efficiency technologies is key to delivering UK’s net zero targets, while bringing cost savings and bolstering competitiveness.
Jenni McDonnell MBE, KTN’s Thermal Energy Systems expert, will be working closely with the Carbon Trust. She commented:
“Industrial decarbonisation is a huge challenge, with the manufacturing industries needing to reduce their current emissions by 95% to meet net zero targets. Energy efficiency is the first step towards meeting that goal and the BEIS IEEA programme will help industrial sites to reduce their energy demand as much as possible, before adopting other solutions. Innovation and collaboration will help the UK to be world leading and protect the planet for future generations.”
KTN’s role in the project will be: to facilitate stakeholder engagement and collaborations; to encourage industrial site owners to adopt new technologies funded by IEEA on their site; to provide matchmaking activities to potential applicants; and to ensure good quality applications into the fund.
The IEEA is funded through the Net Zero Innovation Portfolio (NZIP), a £1bn fund announced in the prime minister’s ten point plan for a green industrial revolution, to accelerate the commercialisation of low carbon technologies, systems and business models in power, buildings, and industry. It is anticipated that the BEIS IEEA funding will unlock up to £10m of additional investment from the private sector to support the demonstrations.
A series of introductory webinars are being run to allow you to hear more about the IEEA programme, find out how to access part of the £8m funds available for UK-based demonstration projects, and discover how it will support the demonstration of innovative technologies with the potential to cut carbon emissions while bolstering UK’s industry competitiveness.
You can register for any one of the following events here.
- Friday 27 August 2021, 3pm to 3.30pm BST
- Wednesday 1 September 2021, 3pm to 3.30pm BST
- Friday 3 September 2021, 11am to 11.30am BST
- Monday 6 September 2021, 3pm to 3.30pm BST
- Wednesday 8 September 2021, 11am to 11.30am BST
- Friday 10 September 2021, 3pm to 3.30pm BST
There will also be a formal briefing event on the 14 October which will go into more detail on the scope, eligibility and how to apply. Details of the event will be published later in September so save the date in your diary.
Who should attend?
Technology developers and industrial players from all sectors including steel, food & drink, chemicals, aluminium, glass, plastics, textiles, cement and more.
Read the full release from the Carbon Trust here.
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