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<p>The Department understands the need for industry to decarbonise as the UK moves
towards net-zero carbon emissions by 2050. To support this priority, the Department
is currently running, or intending to run, the following R&D programmes that focus
on industrial decarbonisation, which may consider bids for cost-effective alternatives
to coal:</p><p>- The Industrial Fuel Switching Competition is a £20m competition,
funded by the BEIS £505m Energy Innovation Portfolio (2016-2021), which aims to identify
and test the processes and technologies required for industries in the UK to switch
to low carbon fuels;</p><p>- The Industrial Energy Transformation Fund was announced
at Budget 2018 as a new fund worth up to £315 million to support businesses with high
energy use to transition to a low carbon future and to cut their bills through increased
energy efficiency;</p><p>- The Clean Steel Fund, is a £250m programme, currently under
consultation, will support the UK steel sector to transition to lower carbon iron
and steel production through new technologies and processes;</p><p>- The Industrial
Strategy Challenge Fund has two relevant challenges, including the industrial decarbonisation
challenge which is focused on heavy industry, and the Transforming Foundation Industries
challenge, which is focused on energy and resource efficiency.</p>
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