UK entrepreneurs given cash boost to help drive greater clean energy independence
Energy entrepreneurs helping fuel UK's energy security have the chance to make their ideas a reality thanks to 拢10 million government funding.

- 拢10 million funding for innovative entrepreneurs to turn ideas into green technologies helping fuel the UK鈥檚 energy security
- funding supports UK鈥檚 commitment to cheap and reliable low-carbon energy, reducing reliance on expensive fossil fuels and exposure to volatile global prices
- further 拢7 million funding for fourteen energy efficiency and decarbonisation projects across England and Wales through the Industrial Energy Transformation Fund (IETF)
Energy entrepreneurs driving forward innovative ways of cutting the UK鈥檚 reliance on expensive fossil fuels have the chance to make their plans and ideas a reality, thanks to 拢10 million in government funding.
The ninth round of the Energy Entrepreneurs Fund (EEF), which seeks to promote new clean technologies across all sectors of the UK economy, is opening for applications as the government drives forward plans to secure greater clean energy independence in the UK.
This includes innovations to boost energy efficiency in people鈥檚 homes and develop green transport - as well as sourcing cleaner ways to generate power and heat in the UK.
Funding is expected to support between 15 and 20 projects across the country. Successful projects could create hundreds of green jobs and kickstart millions-of-pounds-worth of private sector investment across the UK.
Energy Minister Greg Hands said:
Our innovation has made the UK a green energy world leader and we are unleashing that now to help us further secure greater clean energy independence.
The Energy Entrepreneurs Fund is backing the next generation of inventors and innovators to drive forward cheap and reliable low-carbon technologies, create jobs and reduce our reliance on expensive fossil fuels.
Since 2012, the government鈥檚 Energy Entrepreneurs Fund has awarded more than 拢100 million worth of grants, supported 214 projects and leveraged more than 拢500 million in private investment 鈥� a figure that is still growing.
Previous recipients of funding include Edinburgh-based Nova Innovation who are developing a next generation solution for slashing the costs of deploying and operating tidal stream energy, while Woodrow Scientific of Hampshire received funding to develop an innovative cleaning method that aims to increase the efficiency of wind turbines.
Energy Transitions in Cardiff received funding to develop the Steel Zero system, which integrates solar energy technology within stainless steel cladding panels, so a building鈥檚 entire fa莽ade can produce clean and efficient heat and Belfast-based Senergy Innovations has been able to use funding to develop solar power technology using innovative materials, meaning panels can be manufactured and installed at a lower cost.
Unique to this ninth round of the scheme is 拢1 million of the 拢10 million funding that has been earmarked for innovative energy projects in Cornwall. This follows on from an announcement by the Prime Minister last year for innovation funding to mark Cornwall鈥檚 role in playing host to the G7 Summit.
To be eligible for this earmarked funding, at least 75% of a project鈥檚 activities must take place in the geographical boundary of the county of Cornwall.
The government is also today announcing 拢7 million in funding for 14 energy efficiency and decarbonisation projects across England and Wales in the final part of the Industrial Energy Transformation Fund鈥檚 (IETF) Phase 1 competition window. Projects will help organisations improve their energy efficiency, reduce energy bills and cut carbon emissions.
Winners include Phillips 66, who will be using funding to electrify their Humberside refinery, while Sheffield Forgemasters will fund a project to decarbonise the production of large-scale forgings and castings at its Sheffield steelworks and Rockwool will install a system to substantially reduce carbon emissions at its site in Bridgend, South Wales.
Notes for editors
- The Energy Entrepreneurs Fund (EEF) is a programme funded through the BEIS 拢1 billion Net Zero Innovation Portfolio.
- the EEF supplies innovation grants for small to medium sized enterprises and start-up companies to back the development and demonstration of disruptive technologies whilst also supporting decarbonisation targets
- see the full list of previous successful projects
- see the full list of the winners from the first IETF Phase 1 competition window