Over the past 4 years we’ve secured over £120m of funding for heat network clients. Below is a brief overview of each of the funding schemes currently available, but get in touch to discuss the best option for your organisation.
The Green Heat Network Fund follows on from the Heat Network Investment Project (HNIP) and the Green Heat Network Transition Scheme. It’s a key part of the Government’s Heat Network Transformation Programme (HNTP), designed to accelerate the transition to low or zero carbon heating and cooling technologies. Funding is available to public and private organisations assisting with both commercialisation and construction funding of new and existing heat networks across England.
Scotland’s Heat Network Fund (SHNF) is the Scottish equivalent of the Green Heat Network Fund, offering funding to both public and private sector organisations via capital grants. Funding is available for both new schemes and the upgrading or expansion of existing heat networks, where the new section or upgrade relies on a zero direct emissions heat source, up to a maximum of 50% of the eligible capital costs. Companies can apply for commercialisation and/or construction financial support.
The Heat Network Efficiency Scheme (HNES) exists to financially support making existing heat networks more efficient. This applies to both communal and district heating projects. It’s also part of the Government’s HNTP and is available to both public and private organisations in England and Wales, targeting heat networks that are inefficient and in need of upgrading.
Part of Heat and Energy Efficiency Scotland, the Heat Network Support Unit (HNSU) assists public sector organisations in Scotland who are at the pre-capital stages of heat network projects, such as undertaking feasibility studies or creating outline business cases. It specifically focuses on new heat network projects which utilise low or zero direct carbon emissions, however they may consider supporting the expansion of existing heat networks. Transitioning existing heat networks to low or zero carbon technologies is excluded. Communal heating systems are also excluded.
This is a central market place of Funding Providers, all of whom have expressed an interest in funding heat networks and demonstrated that they have access to funds and the associated services to execute fund raising, BHIVE provides an efficient route for Public Sector Bodies to access funding and funding-related services for their heat network projects.
