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£37 million awarded to accelerate net zero energy networks

ofgem

The Ofgem Strategic Innovation Fund (SIF) has awarded funding of over £36.7 million to 25 groundbreaking projects designed to decarbonise Great Britain’s energy networks.

To achieve its 2050 net zero ambitions the UK is in critical need of technologies that can modernise the current energy system, and accelerate the delivery of net zero.

Funded by Ofgem and delivered in partnership by Innovate UK, the SIF, brings together the networks, partners, ideas and innovators necessary to drive the transformation towards the decarbonisation of Great Britain’s energy networks.

The projects will deliver real benefits to companies and consumers, secure affordable energy, and build a resilient, competitive economy for the future. It will focus on a range of solutions, including grid expansions, network upgrades and making energy efficient technology available to disadvantaged households.

As part of ‘cycle four’ of the Ofgem SIF, five large scale ‘beta demonstrator’ projects – those that will go on to commercialisation or deployment – were awarded £31.6 million. Seven ‘alpha’ projects were awarded £3.3 million, which are smaller proof-of-concept projects.

The funded Beta projects include:

Jodie Giles, Deputy Director – Ofgem Strategic Innovation Fund at Innovate UK, said:

“This significant investment in energy network innovation will help us deliver a world leading energy system that underpins a better future. The projects we fund today will deliver a cleaner, more affordable energy system that critically enables us to address climate change.”

The proof-of-concept Alpha projects include:

Marzia Zafar, Deputy Director for Digitalisation and Innovation at Ofgem, also commented:

“Ofgem is committed to creating clear pathways for innovation across the energy sector, supporting projects that will accelerate progress towards net zero, strengthen GB’s energy independence, and deliver a stable energy system. The innovation on show with these latest SIF projects is hugely exciting and has the potential to help deliver these goals.

“I’m looking forward to watching them develop and seeing the value they can bring for consumers.”

Find out more about the Ofgem SIF programme and its innovative ventures.


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