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

Londonenergy fund

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