Energy Efficiency & Conservation Authority

Government Investment in Decarbonising Industry (GIDI) Fund - Round 5

The Round 5 RFP for the Government Investment in Decarbonising Industry (GIDI) Fund is now live – released on 10 November 2022 and open for applications until 02 March 2023.

The GIDI Fund is administered by EECA (the Energy Efficiency and Conservation Authority).

In 2022 the Government, using its Climate Emergency Response Fund, significantly expanded the GIDI Fund with a $650m boost to be invested over four years and to build on the success of the GIDI programme to date.

The focus of the GIDI Fund is to accelerate the decarbonisation of industrial process heat to meet New Zealand’s first emission budget (2022-2035) set out in the Emissions Reduction Plan.

This Round 5 RFP requests proposals which will assist medium to large energy users to lower their emissions linked to industrial process heat by supporting fuel switching and energy efficiency projects to a renewable energy supply, or other decarbonisation approaches. Providing co-investment through the GIDI Fund helps to get projects across the line, and happening faster, unlocking larger and earlier emissions savings. Switching to renewable energy, coupled with energy efficiency, also helps future-proof businesses.

EECA will be holding an applicant briefing session at 11am on Monday 21 November 2022 – go to https://www.eeca.govt.nz/co-funding/industry-decarbonisation/ on the EECA website to register or view the RFP.