Carbon Emissions
(asked on 9th January 2024) - View Source
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether she is taking steps to provide financial support for the development of new carbon-reduction technologies (a) nationally and (b) in Yorkshire.
Answered by
Andrew Bowie
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The Industrial Energy Transformation Fund (IETF) supports industrial sites located in England, Wales, and Northern Ireland. The IETF is a technology-neutral fund which provides funding for applicants to reduce emissions by bringing down the costs and risks associated with investing in decarbonisation and energy efficiency technologies.
The IETF has funded several projects within Yorkshire. Ardagh Glass Limited received a grant offer of £1.7m towards their Efficient Furnace Project, contributing to the facility’s decarbonisation plans. More information on successful IETF applications can be found here.
Phase 3 of the IETF will open for applicants in January 2024.