Innovate UK is to invest up to £1.5 million in technical feasibility studies to encourage new entrants to the energy sector and stimulate the adoption of disruptive technologies.
Innovate UK, in collaboration with the Knowledge Transfer Network (KTN) will be hosting brokerage events in February to promote this new competition. These events will be an opportunity to find out more about the competition and to connect with potential collaborators across the supply chain.
About the funding
The energy sector is one of the most highly regulated, capital-intensive and conservative industrial sectors in the world, with new technologies invariably taking 10 years or more to get to market. The sector has to meet stringent regulations related to design codes, health and safety, environment and planning, as well as challenges around public acceptance and government policy, making it risk averse and reluctant to be first adopters of technology.
Innovate UK is to invest up to £1.5 million in technical feasibility studies or business models to encourage new entrants to the energy sector and stimulate the adoption of disruptive technologies which will benefit the oil and gas, nuclear and energy system communities. It is hoped that game-changing technologies can solve these problems, either by the development of completely new ideas or through technology transfer from other sectors. InnovateUK are therefore seeking proposals that are led by innovative SMEs outside the energy sector, which can provide disruptive solutions to the challenges that are in the scope of the competition.
The three themes of the competition are;
Taking inspection to the limit – inspection, characterization and clean up of infrastructure in aggressive environments.
Dealing with data – analysis and visualization of big data in real time.
Engaging energy – making energy more visible to consumers
A competition webinar took place on 11th December 2015: Play recording >>
Please click here for furthe details of this competition.
Competition opens: 28 Mar 2016
Registration closes: 04 May 2016, 12:00
Competition closes: 11 May 2016, 12:00
The partnering events are free to attend and will be open to any organisation with an interest in the competition for funding. All potential lead consortia and consortia members are advised to send a delegate.
To register for an event choose from three dates below
Got a question?
For more information about any of the events or the competition itself please contact Ray Chegwin (email@example.com) and Jenni McDonnell (firstname.lastname@example.org).