OPPORTUNITY ALERT: Cleaner, more efficient conventional fuels
Innovate UK, in collaboration with the Knowledge Transfer Network will be hosting a series of events across the UK to discuss the forthcoming competition ‘Cleaner, more efficient conventional fuels'.
Fossil fuels provide some 70% of the UK's electricity as well as much of our domestic heating and other uses of energy. More efficient and sustainable use of fossil fuels is an essential part of our transition towards low carbon energy generation. This is driven by the need for energy security and affordability and to meet CO2 targets.
There are now many more operators in the North Sea than previously. Along with the companies in their extensive supply chains, they often lack the scale to support large in-house R&D departments. However, the need for innovation in the North Sea has never been greater.
Carbon abatement technologies in general, and carbon capture and storage (CCS) in particular, have an essential role in the continuing use of fossil fuels in power generation and in vital energy-intensive industries.
What is the opportunity?
Innovate UK are to invest up to £5m in collaborative R&D projects (with a proportion available for relevant feasibility studies) to improve efficiency, reduce cost and minimise the environmental impact of coal, natural gas and oil through their competition ‘Cleaner, more efficient conventional fuels'.
Projects should seek to address one or more of the following themes;
- oil and gas field efficiency, management and decommissioning
- advanced fossil-fuel process technologies and product innovation in power generation and energy-intensive industries
- fuel switching with lower-carbon substitutes
- carbon capture and storage in power generation and energy-intensive industries.
We are particularly keen to support projects that build on an existing competitive advantage for the UK, for example in high-value manufacturing, ICT, sensors and electronics, and materials technologies.
The briefing events will include;
- an opportunity to hear about the scope of the competition in more detail
- an opportunity to network and develop partnerships for the competition
For more information on the competition please go to:
Innovate UK Conventional Fuels Competition Page - Feasibility Studies
Innovate UK Conventional Fuels Competition Page - Collaborative R & D
Who should attend?
This event will benefit businesses, academics and researchers in the following sectors; Oil and Gas, Power generation, Energy intensive process industries, Carbon capture and storage.
To register for the briefing events click on the links below;
For more details contact Jenni McDonnell, Jenni.firstname.lastname@example.org
Maximising Oil and Gas Resources
The UK has significant expertise in the oil and gas sector. World energy demand is driving the push to maximise recovery of remaining oil and gas reserves in the most cost-effective manner. Increasingly, these resources are harder to access, which drives new technology development and generates global opportunities for the most innovative UK companies and institutions.
Other Energy Sectors
Oil and gas expertise is relevant to many other sectors - there are significant opportunities from collaboration and knowledge sharing between oil and gas, offshore wind, wave and tidal. Carbon Capture and Storage will only work if Oil & Gas and Power sectors can work together effectively. This is where the Energy Community at the KTN can offer something unique to the oil and gas industry and others to ensure that we capitalise on the UK's extensive expertise and translate that into the next generation of energy solutions.
Check out the new Innovate UK competition - Cleaner, more efficient conventional fuels. The funding opportunity opens in March and partnering events will take place in Manchester and Aberdeen in February 2015.