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Department for Energy Security and Net Zero, Social Housing Decarbonisation Fund Wave 3

  • This Scheme relates to the third wave of the SHDF, where £1.21 billion is proposed to be allocated to social housing providers to improve the energy performance of social housing in England.
  • The Scheme forms part of a wider SHDF programme of funding announced in 2019. There will be two application routes a Challenge Fund, and Strategic Partnerships.
  • Our key
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Office for Life Sciences, Life Sciences Innovative Manufacturing Fund

  • The Scheme will provide £520 million in capital grants for investments in the manufacture of human medicines, medical diagnostics and medical technology products in the UK between the financial years 2025/26 – 2029/30.
  • Our key takeaways from the Subsidy Advice Unit (SAU) report are:
    • Reports should focus on strategic areas where the Scheme is most likely to operate to better
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Homes England, Barking Riverside Limited

  • The proposed subsidy is a grant to Barking Riverside Limited, who has been appointed in the master development role for “Barking Riverside” development project. The subsidy will cover costs relating to core services, key landscaping works, and foreshore work to boost flood defence strategy. The value of the subsidy is £30 million.
  • Our key takeaways from the Subsidy Advice Unit
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Department for Energy Security and Net Zero (DESNZ) and the Department for Business and Trade (DBT), Energy Intensive Industry Exemption from the Nuclear Regulated Asset Base policy costs scheme

  • The proposed subsidy is a grant to Energy Intensive Industry businesses in Great Britain (GB), to reduce electricity costs, encouraging EII decarbonisation and electrification and minimising the risk of carbon leakage.
  • The Assessment does not set out a cap for the Scheme in terms of amount of subsidy that could be paid, but DESNZ and DBT estimate that the annual
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Department for Energy Security and Net Zero and UK Infrastructure Bank, Sizewell C Financial Investment Decision scheme

  • The proposed scheme is valued in the hundreds of millions (with its specific value being omitted from the report under the Enterprise Act 2002).
  • The project is majority owned by the UK Government (UKG) and EDF and it relates to Sizewell C’s Financial Investment Decision (FID).
  • Our key takeaways from the Subsidy Advice Unit (SAU) report are:
    • Assessments should have
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Department for Energy Security and Net Zero, Sizewell C Development Expenditure (Devex) Scheme

  • The proposed scheme is valued in the hundreds of millions (with its specific value being omitted from the report under the Enterprise Act 2002).
  • The scheme intends to support Sizewell C (SZC) by funding its development expenditure until a Financial Investment Decision (FID) can be made.
  • Our key takeaways from the Subsidy Advice Unit (SAU) report are:
    • Details should be
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