Starting in April 2007, this contract follows a similar programme successfully delivered by AEA over the last four years. AEA will assist the Carbon Trust in managing the negotiation and issue of grants to successful applicants and monitor projects against milestones and deliverables from grant award to completion.
Dr Garry Felgate, Managing Director of AEA Energy & Environment, said, ‘This programme is at the heart of the Carbon Trust’s objective to capture the commercial opportunities of low carbon technologies as a key driver in helping the UK move towards a low carbon economy and targets highlighted in the recent climate change bill.
‘AEA is delighted to be using its extensive expertise in this area to help make the development and commercialisation of low carbon technology in the UK happen.’
AEA also provides specific technical skills to the Carbon Trust assisting in the evaluation of proposals to the Applied Research Programme, as described below.
Further information on The Carbon Trust and its Applied Research Programme
The Carbon Trust is a private company set up by government in response to the threat of climate change, to accelerate the transition to a low carbon economy. The Carbon Trust works with UK business and the public sector to create practical business-focused solutions through its external work in five complementary areas: Insights, Solutions, Innovations, Enterprises and Investments. Together these help to explain, deliver, develop, create and finance low carbon enterprise.
One of the key delivery areas for the Carbon Trust is new technology innovation. It works with various communities (academic, early-stage, pre-commercial, corporate research and investors) to identify and help accelerate innovative low carbon technologies. Currently, the Carbon Trust offers Applied Research grants, Incubator support, , Carbon Vision as well as Research and Technology Acceleration services.
The Carbon Trust’s Applied Research Programme is open to UK businesses and research institutions and aims to support the development and commercialisation of technology with the potential to reduce UK carbon dioxide emissions. As such they encourage and support the progress of low carbon technologies towards large scale deployment.
Calls for proposals are launched three times a year and applicants can apply for a grant of up to £250K
towards the cost of their project. To be successful a project must demonstrate:
- Genuine innovation and the potential to contribute to substantial reductions in UK greenhouse
- That the work is a well planned and builds on previous work in the area
- That the results of the work will allow a clear step forward on the path towards commercialisation
- That it represents good value for money (as a minimum a 40% match funding is required)
Applied Research grant support was conceived and launched in 2002 and since then over 1,200
proposals have been assessed and more than 120 contracts let. In total this represents a £15m
commitment by the Carbon Trust for research grants.