Business funding for innovation in integrated energy systems
Opportunities for businesses to find new ways of achieving a low-carbon economy across energy networks.
Innovate UK is planning to invest up to 拢9.5 million in innovations to address the need for a diverse mix of energy sources and systems over the next three decades and beyond.
The aim is to encourage cross-sector supply chains that can deliver integrated energy solutions at different scales. This will help the UK meet the many energy systems challenges around achieving a low-carbon economy by 2050.
This is a two-stage competition with a first stage of feasibility studies. Up to three projects will then be chosen for follow-on collaborative research and development (R&D). At each stage, projects must be led by a business.
We expect total eligible costs for feasibility studies projects to be no more than 拢40,000. Feasibility studies are expected to last up to three months. We plan to commit up to 拢9 million for the collaborative R&D projects in the second stage. Each consortium must involve at least one SME.
The first stage of this competition (feasibility studies) opens on 5 January 2015. The deadline for registration is at noon on 11 February 2015.
The second stage (collaborative R&D) is by invitation and is expected to open on 7 September 2015.
A briefing event for potential applicants at the feasibility stage will be held in Birmingham on 15 January 2015.
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