Menu
09/05/2024
New £20m Energy Support Fund Announced For Businesses
The Department for the Economy (DfE) has announced a new £20 million fund to support Northern Irish businesses to purchase and install energy efficient equipment that will help to reduce energy consumption and carbon emissions.
The five-year programme is now open for applications and will offer businesses grants of up to £150,000 for investments in areas such as lighting, heating and cooling equipment, motors and drives, compressed air systems, and onsite renewable energy generation.
Launching the Energy Efficiency Capital Grant (EECG), Department for the Economy Permanent Secretary, Ian Snowden said: "This new scheme represents a pivotal step towards realising our vision of a greener, more prosperous economy.
"The grant will help companies invest in technologies that reduce energy consumption and carbon emissions. This will lower costs for businesses and also progress Minister Murphy's decarbonisation journey towards net zero as set out in his Economic Vision."
The EECG will play a pivotal role in realising the Energy Strategy's mandate of delivering a 25 per cent reduction in energy consumption from buildings and industry in Northern Ireland by 2030. Ian continued: "This scheme shows how government, and businesses can work together to build prosperity at the same time as reducing carbon emissions."
Kieran Donoghue, CEO of Invest Northern Ireland, emphasised: "At Invest NI, we are committed to driving economic growth hand in hand with environmental responsibility. The EECG programme is our commitment to empower businesses to embrace energy efficiency measures that will not only reduce operational costs but also contribute significantly to our collective journey towards a net-zero future.
"The grant is available to a wide range of businesses in sectors from retail to advanced manufacturing to hospitality. Using less energy and utilising the energy we do use more efficiently is vital to reduce carbon emissions and lower energy bills. By empowering businesses to 'do more with less', we are safeguarding our environment and nurturing a resilient and prosperous economy for generations to come."
The five-year programme is now open for applications and will offer businesses grants of up to £150,000 for investments in areas such as lighting, heating and cooling equipment, motors and drives, compressed air systems, and onsite renewable energy generation.
Launching the Energy Efficiency Capital Grant (EECG), Department for the Economy Permanent Secretary, Ian Snowden said: "This new scheme represents a pivotal step towards realising our vision of a greener, more prosperous economy.
"The grant will help companies invest in technologies that reduce energy consumption and carbon emissions. This will lower costs for businesses and also progress Minister Murphy's decarbonisation journey towards net zero as set out in his Economic Vision."
The EECG will play a pivotal role in realising the Energy Strategy's mandate of delivering a 25 per cent reduction in energy consumption from buildings and industry in Northern Ireland by 2030. Ian continued: "This scheme shows how government, and businesses can work together to build prosperity at the same time as reducing carbon emissions."
Kieran Donoghue, CEO of Invest Northern Ireland, emphasised: "At Invest NI, we are committed to driving economic growth hand in hand with environmental responsibility. The EECG programme is our commitment to empower businesses to embrace energy efficiency measures that will not only reduce operational costs but also contribute significantly to our collective journey towards a net-zero future.
"The grant is available to a wide range of businesses in sectors from retail to advanced manufacturing to hospitality. Using less energy and utilising the energy we do use more efficiently is vital to reduce carbon emissions and lower energy bills. By empowering businesses to 'do more with less', we are safeguarding our environment and nurturing a resilient and prosperous economy for generations to come."
Related Northern Ireland News Stories
Click here for the latest headlines.
20 January 2022
NIE Networks Announce 110 Jobs Connected To New Energy Strategy
Northern Ireland's new Path to Net Zero energy strategy will lead to more affordable energy and create jobs, Economy Minister Gordon Lyons has announced. As Minister Lyons launched a 22-point Action Plan for the Path to Net Zero Energy, NIE Networks announced 110 new jobs aligned to the strategy.
NIE Networks Announce 110 Jobs Connected To New Energy Strategy
Northern Ireland's new Path to Net Zero energy strategy will lead to more affordable energy and create jobs, Economy Minister Gordon Lyons has announced. As Minister Lyons launched a 22-point Action Plan for the Path to Net Zero Energy, NIE Networks announced 110 new jobs aligned to the strategy.
01 April 2010
Energy Cost Cut 'Suits' Mens Outfitter
Independent clothing company Bogart Menswear is one of the latest retailers to benefit from green energy savings having moved to a renewable energy supply from Energia. Established for over 30 years in Ann Street Belfast, the Bogart chain also comprises a store in Newry and a recently opened flagship store in Belfast City Centre.
Energy Cost Cut 'Suits' Mens Outfitter
Independent clothing company Bogart Menswear is one of the latest retailers to benefit from green energy savings having moved to a renewable energy supply from Energia. Established for over 30 years in Ann Street Belfast, the Bogart chain also comprises a store in Newry and a recently opened flagship store in Belfast City Centre.
17 December 2021
New NI Path To Net Zero Energy Strategy Announced
A new strategy to secure a clean and affordable energy future for Northern Ireland has been announced by Economy Minister Gordon Lyons. Launching the Path to Net Zero Energy, Minister Gordon, said: "Recent energy price rises are impacting on every person and business in Northern Ireland.
New NI Path To Net Zero Energy Strategy Announced
A new strategy to secure a clean and affordable energy future for Northern Ireland has been announced by Economy Minister Gordon Lyons. Launching the Path to Net Zero Energy, Minister Gordon, said: "Recent energy price rises are impacting on every person and business in Northern Ireland.
15 June 2009
Potential For 'Green' Jobs, Says De Brun
The green economy should be at the heart of government programmes, according to Sinn Féin's Bairbre de Brún, who said energy efficiency schemes could create much-needed jobs for the ailing construction sector. The newly re-elected MEP (pictured) appeared before the Climate Change Inquiry held by the Assembly Environment Committee last week.
Potential For 'Green' Jobs, Says De Brun
The green economy should be at the heart of government programmes, according to Sinn Féin's Bairbre de Brún, who said energy efficiency schemes could create much-needed jobs for the ailing construction sector. The newly re-elected MEP (pictured) appeared before the Climate Change Inquiry held by the Assembly Environment Committee last week.
21 November 2005
Multi-million boost for Carbon Trust
Local businesses are set to get additional help in cutting their energy bills with the announcement of £3.6 million in funding for the Carbon Trust. The Carbon Trust works with businesses to reduce harmful carbon dioxide emissions through energy efficiency measures, thereby reducing the cost of energy to businesses.
Multi-million boost for Carbon Trust
Local businesses are set to get additional help in cutting their energy bills with the announcement of £3.6 million in funding for the Carbon Trust. The Carbon Trust works with businesses to reduce harmful carbon dioxide emissions through energy efficiency measures, thereby reducing the cost of energy to businesses.
-
Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
