Skip to main content
HOMEPAGE ADVERTS
HOMEPAGE ADVERTS
News
05 Apr 20232 minute read

Funding announced for 53 new electricity and gas network projects

ECAtoday
Funding announced for 53 new electricity and gas network projects

UK Research and Innovation, the BEIS-funded non-departmental Governmental body that directs research and innovation funding, has announced  up to £150,000 for each of 53 electricity and gas projects. 

Energy regulator Ofgem and Innovate UK have announced a batch of 53 projects that will each receive up to £150,000 from the Strategic Innovation Fund (SIF). SIF is a five-year programme introduced in 2021 to help spearhead the shift to a lower carbon future across the gas and electricity networks, in line with the government’s net zero objectives.

Innovate UK has estimated that all the innovation projects submitted to SIF will deliver cost savings in the billions of pounds over the next 10 to 15 years. These projects will benefit consumers and cut millions of tonnes of carbon dioxide emissions.

Mike Biddle, Executive Director for Net Zero at Innovate UK, said:

Our vision is for the UK to prosper from being the economy that transitions fastest to net zero. We’re delighted to be working closely with Ofgem and the energy sector on the Strategic Innovation Fund, and to see a new cohort of innovative projects coming through that will help drive the decarbonisation of our energy networks.

ECA works closely with its Members, industry partners and Government to help Britain transition to Net Zero Carbon. We produce regular guidance notes, technical bulletins, and industry updates to keep Members at the forefront of the Net Zero transition. Learn more here.

ECAtoday

ECAtoday

Are you up to date with ECAtoday?

ECAtoday is the official online magazine of ECA and reaches thousands of people within the electrotechnical and engineering services industry.