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Do not end green energy grants, manufacturers urge MPs


Do not end green energy grants, manufacturers urge MPs

Manufacturing firms are appealing to ministers to match a European grant scheme that subsidised the cost of installing renewable energy.

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Under the EU system companies were able to claim up to a third of the cost for installing solar panels, biomass boilers or double glazing.

European funding has run out and there were no plans to replace it with a British scheme, the government said.

Instead, ministers said there would be tax breaks for green investments.

In Gloucestershire the programme was administered by Severn Wye Energy, an independent charity, which handed out nearly £500,000 of EU funds.

Post Brexit, there was no new money from Brussels and by September the fund had virtually run dry, the charity said.

Chief executive Sandy Hore-Ruthven is calling on the government to roll out a British version of the grants.

He said: "We know that 90% of the businesses that we"ve worked with would not have invested in energy saving without those grants, they make a huge difference."

At the COP27 meeting in Egypt, the prime minister called on the world to invest more in clean energy.

He said: "We need to move further and faster to transition to renewable energy, and I will ensure the UK is at the forefront of this global movement as a clean energy superpower."

In an engineering factory on the banks of the River Severn in Gloucestershire there is no more money for solar panels.



Post by momo :: Date 2022-11-08 12:12:17


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