£5.8m for UK energy projects
UK energy regulator Ofgem and Innovate UK are funding 44 feasibility projects with £5.8m of funding.
The third round of the Ofgem Strategic Innovation Fund (SIF) aims to find potential ideas to key energy network challenges and identify those with the greatest promise as quickly as possible.
The 44 successful discovery phase projects will be led by energy network companies with startups. The priority challenges are on new technologies for power systems, as well as whole system planning and utilisation of networks.
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“Congratulations to the 44 projects who have been successful in the Ofgem Strategic Innovation Fund’s Discovery Round three. We know how much work goes into these projects and thank all the people across the partnerships who have collaborated to get to this stage,” said Jodie Giles, Director of the Ofgem Strategic Innovation Fund at Innovate UK.
“People are at the heart of these projects, and we are excited to see what will be delivered with this funding. Tackling climate change will take much more collaboration like this, energy networks working with innovation partners on these challenges are key to getting us to net zero.
The Fractal Flow project is developing a tool which provides clear visibility of fractal flow, to unlock capacity, provide clearer status visibility and explore integration of powerful machine learning analysis and targeted data exchange across grid supply points.
The Road to Power project is developing specific tools to forecast future energy consumption and infrastructural impact of works, to support the street and road works sector as it decarbonises 7.8TWh of energy demand across 700,000 major works in the sector’s pivotal transition to net zero by 2030
The SIF allows projects to compete for progressively higher levels of funding, through a phased model with alpha proof of concept funding (up to £500,000 over six months) and beta large-scale demonstrator funding (no upper limit of funding, lasting up to five years).
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