£8M available from new phase of BEIS Industrial Energy Efficiency Accelerator

A new phase of BEIS’s Industrial Energy Efficiency Accelerator (IEEA) has opened for business with £8 million in funding available for commercial-scale demonstrations of energy or resource efficiency innovations. The programme aims to accelerate the UK’s industry net zero transition and the funding will be distributed over the next four years to support demonstration projects of near-to-market technologies with the potential to reduce carbon emissions.
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.
The Carbon Trust has been re-appointed to design and deliver the next phase of the long-running programme with support from Jacobs and KTN. Paul Huggins, Associate Director at the Carbon Trust said, “The Carbon Trust is really pleased to have been re-appointed to lead the next phase of the BEIS IEEA. We know funding commercial-scale demonstrations solves two critical market needs at once: it provides support for developers and builds confidence in industry. We are looking forward to work with Jacob’s and KTN to support the next wave of demonstration projects. Adopting no-regrets technologies to save energy and resources will be key for the UK’s industry transition toward net zero.”
The current phase of the IEEA started in 2017. It has successfully awarded a total of £8.1 million from the UK government and leveraged £7.6 million from the private sector, to fund 16 projects. The programme will complete in December 2021, with the aim of encouraging wider industry adoption of the innovations demonstrated.
The IEEA is funded through the Net Zero Innovation Portfolio (NZIP), a £1 billion fund announced in the UK Prime Minister’s  ten point plan for a green industrial revolution.
Apply here for the new phase of IEEA.

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