Geothermal Energy Challenge Fund Open Now
A £250,000 Geothermal Energy Challenge Fund has been launched by the Scottish Government to support research into Scotland’s geothermal capacity to meet the energy needs of local communities.
The Challenge Fund will support feasibility studies exploring the capacity of Scotland’s geothermal resource to meet the energy needs of local communities. It is aimed at consortia working together to benefit local communities, achieving measurable and sustainable carbon reductions without sacrificing proper consideration of the impacts on the local environment.
Energy Minister Fergus Ewing commented: “Now is the time to take the experience of the housing projects in Shettleston and Fife and take the first steps towards the development of a delivery model which reduces carbon emissions, is self-sustaining and is economically viable.”
The maximum grant award available for each feasibility study is £50,000. The deadline for applications is 30 April 2015. During March, a number of workshops will be run by the Scottish Government and Scottish Enterprise to help potential applicants understand the Challenge Fund objectives, criteria, application and assessment processes
The Challenge Fund is the first being run as part of the Low Carbon Infrastructure Transition Programme which has been designed to support potential projects from across the public, private and community sectors through the various stages of their development. Local Energy Scotland will be working closely with the Low Carbon Infrastructure Transition Programme - to find out more about the programme, you can call us on 0808 808 2288.
There is more information about the Challenge Fund on the Scottish Enterprise website, including the application form: http://www.scottish-enterprise.com/services/attract-investment/geothermal-energy-challenge-fund/overview
The maximum grant award available for each feasibility study is £50,000.