Energy Monitoring and Tracking Systems (EM & T)

Energy Monitoring and Tracking Systems (EM & T) is funded under the Enterprise Emissions Reduction Investment Fund, the objective of which is to support companies to put in place energy monitoring and tracking systems to begin accounting for the carbon footprint of their activities. The fund is operating under the Green Transition Fund, the overall objective of which is to accelerate the decarbonisation of Irish enterprise, as part of Ireland’s National Recovery and Resilience Plan, funded by the European Union.

Eligible costs are assets that consist of new hardware equipment for energy metering and tracking systems.

Eligible applications will be required to demonstrate the proposed impacts from the proposed project and how the project is a core element of the company’s sustainability plan and wider business strategy.

Eligible Costs Element:

• Hardware cost for new metering systems (e.g. electricity, gas, diesel, oil, water, steam, loggers), and reasonable installation and commissioning costs.

Eligible Costs:

• Minimum eligible expenditure of €10,000. Maximum eligible expenditure of €100,000

Eligible Grant:

• Up to 50% of eligible costs
• Min. grant aid of €5,000, up to a maximum of €50,000

NOTE: The grant claim is based on the costs of equipment excluding VAT. If any expenditure is incurred before the date of application, the entire project will be ineligible for assistance.

The fund will operate on an open call basis. It will remain open to applications until 1 October 2025, or until such time as the budget is exhausted, whichever date is earlier. Investment shall be completed by no later than 31 August 2026.

All projects supported under the Enterprise Emissions Reduction Investment Fund: Capital investment for EM&T systems must comply with relevant EU and national environmental legislation and in particular with the ‘Do no significant harm’ Technical Guidance (2021/C58/01).

Companies eligible for support under the Enterprise Emissions Reduction Investment Fund: Capital investment for EM&T Systems, are manufacturing clients of Enterprise Ireland, IDA Ireland and Údarás na Gaeltachta, subject to the prevailing policies and eligibility criteria of those agencies.

Eligible companies must:

• Have 10 or more full time employees in Ireland at the time of application
• Have been generating sales for at least 5 years

Note that the State Aid basis for this offer is de minimis funding.

Applications may be submitted at any time to Enterprise Ireland. However, applications should always be discussed with the assigned Development Advisor prior to submission. Enterprise Ireland clients should contact their Development Advisor in order to discuss their proposed project.

You can apply via the Enterprise Ireland Online Application System.

Prior to applying you must do the following:

• Contact your assigned Enterprise Ireland Adviser to discuss your application.
• First time applicants will be required to register on the Enterprise Ireland Online Application System.

Companies will be required to provide their organisational carbon footprint as part of the application process either through completion of the Climate Toolkit 4 Business Carbon Calculator, GHG Protocol Corporate Standard, ISO 14064-1 Standard or similar.