º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Manufacturing

West Midlands businesses offered help to go green

£24m in new funding has been made available to companies across the region looking to save capital via green initiatives

From left: West Bromwich West MP Shaun Bailey, West Midlands Mayor Andy Street, Lord Callanan, minister for business, energy and corporate responsibility, and Alucast chairman Tony Sartorius inside the Alucast foundry

Thousands of businesses are being offered help to cut their gas and electricity use through a new £24 million scheme.

West Midlands Mayor Andy Street and Lord Callanan, minister for energy efficiency and green finance, have launched the Government-funded Business Energy Advice Service (BEAS) pilot scheme.

The region's large advanced manufacturing sector means the West Midlands has a higher proportion of energy-exposed businesses than any other part of the º£½ÇÊÓÆµ.

As a result, the West Midlands Combined Authority said it was working with local SMEs to help identify and fund new ways of working that used less energy and supported the region's transition to net zero.

WEST MIDLANDS BUSINESS NEWS REVIEW OF 2023

Businesses can get a free energy audit and then apply for up to £100,000 of match funding towards the cost of all or some of the recommended measures.

This could include investment in new machinery and equipment, improved manufacturing processes or LED lighting and insulation.

Mr Street and Lord Callanan launched the new initiative at Wednesbury-based automotive component manufacturer Alucast which is one of the 500 local businesses to have already signed up.

Alucast employs 126 people at its foundry but, with 30 furnaces in operation, the company uses 2.5 million kWh of electricity and 7.5m kWh of gas every year, costing £1 million.