Mayor’s £500m energy fund to help cut carbon emissions
Goal
To combat air pollution, support energy-efficient solutions and renewable energy
Project
The Energy Efficiency Enhancement Fund (MEEF) provides flexible Financing for energy-efficient technological solutions with a loan period of up to 20 years.
The projects that can be financed are:
- Energy storage facility;
- Infrastructure for fast charging of electric vehicles;
- Decentralized renewable energy sources ;
- Solar power plants on a small scale;
- Low-carbon data centers.
The funding is open to small businesses and energy service companies operating in London. £500m budget for the Energy Efficiency Fund energy efficiency fund
2018 Project Launch
£500m Energy efficiency fund budget energy efficiency
Results
State: environmental improvement
