DECC Press Notice: UK leads EU scheme to drive bioenergy innovation
Department for Business, Energy and Industrial Strategy sent this bulletin at 08-01-2013 02:51 PM GMTUK leads EU scheme to drive bioenergy innovation
08 January 2013
The UK has pledged up to £10million (€12.5M) to a scheme to develop innovative bioenergy projects, in partnership with seven other EU countries. The cash will help stimulate millions of pounds of further private investment in the technology.
Bioenergy is one of the most versatile forms of low carbon and renewable generation. It can be used to produce heat, electricity or transport fuel and can provide a continuous and constant flow of energy. Development of the bioenergy supply chain will also support growth and jobs in the UK economy and abroad.
The ERA-NET Plus BESTF scheme, worth around €47million in public money, will stimulate up to €100m of bioenergy innovation projects in the UK, Finland, Sweden, Germany, Spain, Denmark, Switzerland and Portugal.