Keep bidding for EU energy funding, UK government urges firms

0

UK organisations should keep bidding for innovation funding under the flagship EU Horizon 2020 programme, the department for business, energy and industrial strategy (Beis) has urged.

While much uncertainty remains over Brexit terms, the European Commission and UK government agreed in December that the UK would continue participation in programmes financed by the Commission’s multiannual financial framework 2014-2020.

The Horizon 2020 programme is covered by the agreement.

UK organisations are therefore eligible to participate and projects agreed under H2020 will be unaffected by the withdrawal and be funded for their entire lifetime.

Horizon 2020 has a €79bn budget for 2014-2020. Of that, €5.9bn was made available to energy projects.

To date, only Germany has had more projects funded by the programme, with UK researchers and innovators awarded 15% of all agreed funds, totalling around €4 billion, noted Beis.

The department has produced a Q&A on the topic here.

The next tranche of Horizon 2020 funding for SME energy efficiency projects was launched six weeks ago, with £185m available in 2018 and 2019 to individual firms and consortia.

See details on how to apply here.

Related stories:

£185m available for SME energy efficiency projects

Investor Confidence Project seeks street lighting and heat network projects

Investors with €1bn to spend on energy efficiency seek projects

Energy finance too complex and too expensive?

Esos firing blanks on board level buy-in to energy efficiency

Standardisation the key to growing energy efficiency money markets

Green Investment Bank: Energy managers must build better business cases

Click here to see if you qualify for a free subscription to the print magazine, or to renew.

Follow us at @EnergystMedia. For regular bulletins, sign up for the free newsletter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here