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The Low Carbon Economy Ltd

21 Mar 2011 11:03:02

Scotland's low carbon economy receives funding boost

Scotland's low carbon economy receives funding boost
European funding worth £6.9 million has been provided to boost Scotland's low carbon economy and renewable energy development.

Among the projects set to benefit from the cash boost are Edinburgh Napier University, which has been granted £582,000 for its National Biofuel Resource Centre, while £1.05 million has been set aside for the Energy Technology Partnership between Scotland's universities.

Almost £300,000 has been provided for the improvement of infrastructure around Peterhead, Aberdeenshire, to boost the development of offshore wind, wave and tidal projects in the region.

The financial support has been provided by the European Regional Development Fund.

Commenting on the announcement, Scottish energy minister Jim Mather told the Press Association: "The breadth of projects being supported - from academic-led initiatives to local authority and enterprise agency programmes - demonstrate how the development of a low carbon economy has become central to our growth strategy."

He added the cash will aid in the fulfilment of its Low Carbon Economic Strategy.

Launched last year, the initiative intends to provide public sector support for green projects and could create up to 60,000 new jobs by 2020.  ADNFCR-1235-ID-800469497-ADNFCR

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