40 new projects won funding through the first round of Innovate UK’s Energy Catalyst, which aims to tackle the so-called ‘energy trilemma’ of reducing emissions, securing supply and cutting costs.
The Energy Catalyst, established by Innovate UK, the Engineering and Physical Sciences Research Council (EPSRC) and the Department of Energy and Climate Change (DECC), helps to accelerate innovation in the low carbon energy sector by supporting projects through early-stage feasibility, development and pre-commercial validation.
It is now into its second round of funding, with up to £14 million available for new projects.
Among the winning projects from round one is an organic solar cell which could see windows replaced by transparent solar panels and Europe’s largest transmission connected lithium ion battery.
Also winning funding was Lancashire-based Oaktec (pictured), an engineering firm focused on low carbon vehicle design, which received £214,000 to test the feasibility of an engine system which can use untreated gas from landfill sites to power a supercharged biogas engine.
Matthew Hancock, business and energy minister, said: “The projects we are backing through the Energy Catalyst demonstrate the depth and breadth of British innovation in the sector.
“Many of these projects are not only UK firsts, but world firsts, and by supporting them at this early stage, we will ensure the UK reaps the rewards in the future.”
Seeking new projects
Rob Saunders, head of energy at Innovate UK, added: “The projects that have won funding in this first round are exactly the sort of innovative ideas we had in mind when the Energy Catalyst was created.
“The second round [of the competition] is well under way and I’m certainly looking forward to seeing UK firms come forward with more new ways of securing a reliable, low carbon and low cost energy system.”
Registration for new projects closes on 22 April 2015. For more information, click here.