GB Shared

Green Heat Network Fund in Lancashire

GB Shared

Business

Expires:

Total: 1000000

Individual: 1

Minimum company size: 1

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Summary

The Green Heat Network Fund (GHNF) is a £288m capital grant fund that opened to applicants in the spring of 2022. It provides support to organisations in the public, private, and third sectors, offering commercialisation and construction funding for heat network projects in England. It builds on the progress and development made by the Heat Network Investment Project (HNIP) and the GHNF Transition Scheme.

Our vision for the GHNF is to accelerate the heat network market transition to low-carbon heat sources via targeted financial support, that will help stimulate the increased deployment of low-carbon technologies at scale. The GHNF objectives are to:

  • Achieve carbon savings and decreases in carbon intensity of heat supplied.
  • Increase the total amount of low carbon heat utilisation in heat networks (both retrofitted and new heat networks).
  • Contribute towards market transformations across the investment landscape and supply chain that will better prepare the heat network sector for further decarbonisation.
It is important to note that the GHNF is a competitive grant scheme, and most projects are expected to significantly out-perform the absolute scheme limits set out in the applicant guidance to score well in competition.

GHNF offers grant funding only, either for

  • both commercialisation and construction support or
  • construction support only.

Funding rounds are intended to take place on a quarterly basis with notification letters to be issued as soon as practicable following the Investment Committee and subject to all relevant approvals being received.

Funding Expires 3 months from now

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