Ofgem Strategic Innovation Fund announces 10 funded projects
19th July 2023
Ten innovative large-scale demonstrator projects worth a total of £95.3 million have been approved and will begin this July.
These projects are part of £450 million Office of Gas and Electricity Markets (Ofgem) Strategic Innovation Fund (SIF), delivered in partnership with Innovate UK.
SIF aims to help accelerate the transition to more homegrown, decarbonised energy at the lowest cost to consumers and turn the UK into a centre of global energy innovation.
SIF projects are led by energy network companies working with a range of partners in technology, innovation, and research.
The 10 projects announced today successfully competed for beta funding, the final stage in the SIF’s first programme round which began in 2022 with ‘discovery’ feasibility studies followed by ‘alpha’ proof of concept projects.
Find out more here.
