Funding news - 21/05/2012
Low Carbon Networks Fund - Second Tier Full Submission Deadline Announced
The Low Carbon Networks Fund is investing in energy distributor sponsored energy saving initiatives. It has previously supported electric vehicles and heat pumps, smart metering projects and micro-generation.
The Second Tier Funding round, which is currently open to applications, is allocating up to £64 million, applied for on a competitive basis, to fund a small number of flagship projects of larger scope and value. There is no set minimum or maximum value for projects under this round.
Eligible expenditure includes the costs directly related to the distribution of electricity through the licensee's distribution system, including the purchase of ancillary services that facilitate the distribution of electricity, equipment and payments to remunerate distribution system users for actions undertaken as part of the project.
Application is open to the following:
- Electricity distribution network operators (DNOs) in Great Britain.
- Independent distribution network operators (IDNOs).
- Distributed generators.
- Electricity suppliers.
- Other interested parties (eg local authorities, technology suppliers).
The deadline for Second Tier full submissions is 17 August 2012.
Click here for more details (opens in new window).
Source: Ofgem, 21/05/2012