The Scottish government has announced that ten companies have been successful in their bids for a share of the second round of the Scottish Industrial Energy Transformation Fund.
Totalling £9.4 million, the fund aims to help industry in Scotland to reduce their carbon emissions, through decarbonisation and energy efficiency projects, with the majority of the recipients falling in the manufacturing and food and drink sectors.
Thanks to the awarding of the funding, the projects involved have the chance to reduce their emissions by 40,482 tonnes of carbon dioxide a year. This is equal to the average annual emissions 17,000 households.
Nicola Sturgeon, First Minister, said:
“Reducing emissions inn our manufacturing sector will be a crucial step in ensuring Scotland reaches its net zero target by 2045.
“I am pleased that the Scottish Industrial Energy Transformation Fund continues to support companies across the sector to embrace decarbonisation, improve efficiency and reduce their impact on the environment.
“This week is Scotland’s Climate Week, which puts a renewed focus upon the ongoing climate emergency and our efforts to tackle it. And as households and businesses struggle with rising energy costs, it has never been more important to support industry to become more energy sufficient.
“I welcome the work that the Fund has already supported and I hope that many more businesses will apply in the future.”
Alongside the Industrial Energy Transformation Fund, the Scottish Government has also earmarked a further 160,000 to support the establishment of up to four engineering or feasibility studies into future projects aiming to reduce carbon emissions and help increase energy efficiency through future projects.
Applications for the third round of funding have reopened, with the window remaining open until the 18th November 2022.
You can find the full list of recipients here
