The Industrial Energy Efficiency Accelerator (IEEA), facilitated by the Department for Energy Security and Net Zero, is a groundbreaking scheme supported through its Net Zero Innovation Portfolio. This initiative funds industrial-scale demonstrations of pioneering technologies designed to significantly reduce energy consumption, enhance resource efficiency, and curb carbon emissions. The IEEA is strategically crafted to foster partnerships between developers of efficient technologies and forward-thinking industrial companies willing to trial innovations on-site.
Supported Technologies:
The IEEA is open to projects from all UK industry sectors that demonstrate either a novel technology (targeting Technology Readiness Level 5-8) or the application of an established technology in a novel way. This versatility ensures that a broad spectrum of innovations can contribute to the country’s journey towards a net-zero future.
Explore Demonstrated Technologies:
Discover the technological breakthroughs that are transforming industries. The IEEA serves as a platform to explore and learn from demonstrated technologies that have the potential to reshape the landscape of energy efficiency and sustainability.
Discover Current Projects:
Stay informed about ongoing projects that are part of the IEEA. Get insights into how cutting-edge technologies are being implemented and their impact on energy consumption, resource efficiency, and carbon emissions.
Programme Management:
The IEEA is efficiently managed by the Carbon Trust, with invaluable support from Jacobs and KTN. This collaboration represents a unique opportunity for UK technology developers to bring their innovations to market and showcase the effectiveness of their technologies at scale in a real production environment.
Who Can Benefit:
Businesses engaged in a Case I or Case II trade or profession, operating within eligible industrial sectors or data centres, are invited to capitalise on the opportunities offered by the IEEA. The scheme is tailored for entities ready to revolutionise their industry through innovative technologies.
Eligibility Criteria:
To qualify for the IEEA, businesses must meet the following criteria:
- Tax compliance with a valid Tax Clearance Certificate.
- Engaged in a Case I trade or Case II profession, including eligible charities and approved sporting bodies.
- Registered with BEIS or the Carbon Trust.
- Demonstrate a clear business problem or idea requiring external expertise and resources.
- Showcase the potential for increased sales, employment, or exports.
- Compliance with the European Union State Aid Temporary Crisis Framework and Transition (TCTF), ensuring adherence to overall financial support limits.
Grant Value and Project Coverage:
The grant value is determined based on project factors such as type, size, location, and employment impact. IEEA offers:
- Up to 70% coverage of eligible costs for feasibility and engineering studies.
- Up to 50% coverage of eligible costs for deployment projects.
- Maximum grant amounts of £14 million for studies and £40 million for deployment projects.
Application Process:
Businesses interested in harnessing the benefits of IEEA should submit the following documents:
- A copy of their Tax Clearance Certificate.
- A completed application form and declaration.
- A detailed project plan and budget.
- Quotations for capital expenditure items relevant to the project.
Accelerate Your Industry’s Transformation:
Join the IEEA and propel your industry towards sustainability and efficiency. By developing and demonstrating innovative technologies, your business can lead the way in reducing energy consumption and carbon emissions. Take advantage of the BEIS Industrial Energy Efficiency Accelerator to shape a cleaner, more sustainable future.
Note: This information is subject to the specific guidelines and requirements outlined by the IEEA.
For more information see: https://programmes.carbontrust.com/ieea/
Grant applications are a key specialty of Celtic Dynamics. We actively research and apply for grants on behalf of your company, ensuring you can access available financial assistance to optimise the overall cost of your energy projects.
How to Proceed:
Ready to secure funding for your energy-saving projects? Book a call with Celtic Dynamics to discuss the details further and receive a customised quotation. Our Energy Grant Applications service is designed to enhance your chances of success in securing grants for your energy initiatives.