Sustainable Biz Magazine A4 March 2023 - Flipbook - Page 26
Energy intensive industries given £12
million boost to cut emissions and costs
B
usinesses across the UK will
benefit from a share of more
than £12 million government
funding to help energyintensive industries cut their carbon
emissions and energy costs.
The funding for the 22 winning
projects will help businesses across
England, Wales and Northern Ireland
clean up their industrial processes
and improve their energy efficiency
– benefiting industries including
pharmaceuticals, steel, paper, and
food and drink.
This £12.4 million funding was
awarded as part of the Industrial
Energy Transformation Fund (IETF),
which has awarded grants to British
projects across the country to
increase the energy efficiency of
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S USTA I N A B L E B I Z M AG AZ I N E
“This £12.4 million
funding was awarded
as part of the Industrial
Energy Transformation
Fund (IETF), which
has awarded grants to
British projects across the
country to incvrease the
energy efficiency of their
industrial processes, from
car manufacturing to
steel production and food
processing"
FEBRUARY 2023
their industrial processes, from car
manufacturing to steel production
and food processing.
The winning bids include sustainably
harvesting food in Carmarthenshire,
Wales, through a new air source heat
pump system, capturing waste heat
to dry, heat, crush and grind materials
for roadmaking in South Yorkshire
and using revolutionary high
temperature heat pumps to reduce
the energy needed to heat and cool
cheese, reducing emissions in dairy
farms across the Midlands.
It is estimated that industry is
currently responsible for producing
16% of the UK’s emissions and will
need to cut emissions by two thirds
by 2035 in order for the UK to achieve
its net zero target.