Next generation energy innovators will receive a £24M cash boost to develop new technologies that will decarbonise UK industry, build home-grown energy supplies and help prepare the country for a net zero future.
Thirty-seven British companies, including small and medium sized enterprises and start-ups, will get a share of the £19M Energy Entrepreneurs Fund.
The money will drive forward their innovations to reduce carbon emissions, develop clean energy and improve energy efficiency in people’s homes.
The UK-wide projects will allow industry to play its part in helping the country meet its 2050 net zero target by delivering decarbonisation solutions, as well as potentially creating hundreds of green jobs and triggering private sector investment worth millions. The winning projects include:
- offshore wind robotic inspectors: Inductive Power Projection Ltd, based in Cornwall, which will use their £444,080 funding to develop an innovative high-frequency wireless charging demonstrator to power floating off-shore wind autonomous ‘robotic’ drones, to inspect and maintain offshore wind farms
- solar architecture: Build Solar Ltd (a spin out from Exeter University) received £271,933 to develop a low-cost glass brick called Solar Squared for buildings, collecting solar energy via the walls themselves, allowing buildings to generate their own power
- offshore wind communications: Jet Engineering System Solutions, based in the south-east, received £255,754 to develop a 5G floating network enabling high-speed, dependable long-range communications at sea to aid wind farm installation
- decommissioning oil wells: Clearwell Technology Ltd, based in Scotland, received £223,872 to design a thermal pipe milling tool for well plugging – a green tech that could transform how oil and gas wells are sustainably decommissioned
Secretary of State for the Department for Energy Security & Net Zero, Grant Shapps said: “The UK is a nation of innovators, and this funding will help the next generation of energy pioneers develop cheap and green technologies of the future.
“This will not only deliver more green jobs and cheaper energy but also create world-leading solutions to help us reach net zero and economic growth.”
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