The Government has launched a £6 million funding stream to
support Local Authorities to develop low carbon heat networks. The
fund is administered by the Department of Energy and Climate Change
(DECC).
They are keen to support plans for networks that draw their heat
energy (immediately or in the future) from renewable, sustainable
or recoverable sources as an alternative to or to
complement gas CHP.
Bids which seek to develop low temperature delivery networks are
encouraged.
-
The fund will meet 67% of the estimated eligible costs of
developing technical proposals and financial evaluations for the
installation of new heat networks and the improvement and/or
expansion of existing heat networks.
-
Local Authorities will be required to provide the other 33% of
funding.
The bidding process to apply for grant funding for the
development of heat networks has now commenced and will continue
through a series of six bidding rounds until March 2015.
For further information go to the Gov.uk website,
click here to access.