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£5 million fund for industrial decarbonisation to launch this summer

Following engagement with the Net Zero Hubs on the concept of taking a place-based approach to industrial decarbonisation, the government has announced the launch of a £5 million Local Industrial Decarbonation Plans (LIDP) competition.  

The competition will support groups of industrial businesses such as glass, cement and ceramics manufacturers, to join together in ‘local industrial clusters’. Collaboration between closely located industrial businesses, and other stakeholders, including local authorities and Local Enterprise Partnerships (LEPS) will support the advancement of place-based strategic decarbonisation plans.  

The competition will open in Summer 2023, however as it will require project teams to be formed by stakeholders, the fund is being announced now so that interested stakeholders have the time necessary to develop project teams prior to the competition window opening.  

This is great news for the South West, representing a major step forward in helping dispersed industrial sites begin their journey towards a low-carbon future and builds on one of the key commitments the government set out in their Net Zero Strategy. 

Interested parties are encouraged to get in touch with any questions and to be added to a distribution list through the dedicated LIDP inbox lidp@beis.gov.uk