National Grid has been awarded £15.3 million from Ofgem’s Strategic Innvoation Fund (SIF) to develop new grid transmission solutions across several projects.
The UK’s energy regulator Ofgem has announced that it will make changes to the Strategic Innovation Fund (SIF) to streamline the process of gaining funding.
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.
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).