The European Regional Development Fund 

 

The ERDF has provided £10.6m under its Priority Axis 4; “Supporting the Shift Towards a Low Carbon Economy in All Sectors”, specifically:

 

•      Investment Priority 4a

        

Promoting the production and distribution of energy derived from renewable resources.
 

•     Investment Priority 4f         

 

Promoting research and innovation in, and adoption of, low-carbon technologies

Cornwall Council 

Cornwall Council has provided £2.4m in support of both its economic development programme and its vision for a low carbon energy future, which aims to:

 

•    Reduce fuel poverty to 5%
    
•    Meet 100% of electricity             demand from renewables

•    Retain 30% of energy spend in the Cornish economy
    
•    Develop 50% locally owned generation

•    Reduce fuel bills by 20%
    
•    Create 4000 green jobs

Private Investors

 

Private investors have provided £5m to the United Downs Deep Geothermal Power project.
 
 

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Contact Us

Unit 1

Falmouth Business Park

Bickland Water Road

Falmouth

Cornwall

UK

TR11 4SZ

+44 (0) 1326 218 955

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