Energy regulator Ofgem has approved up to £95.3 million in funding that will go to ten projects focusing on clean heat, zero emission transport, data and digitalisation and whole system integration.
A total of eight research and development projects led by the National Grid have been collectively awarded £896,000 during the ‘discovery phase’ of Ofgem’s Strategic Innovation Fund (SIF) programme.
Following investment from Ofgem’s Strategic Innovation Fund (SIF), UK Power Networks is set to launch a “major series of innovation projects” to help the UK achieve a “Silicon Valley of energy.”
National Grid is using satellite imagery to boost the resilience of the grid, as part of a new project that could save £22 million over the next decade.
Ofgem and Innovate UK have unveiled the four challenge areas for the second round of innovation funding as part of their Strategic Innovation Fund (SIF).