As part of its £102.5 million Industrial Strategy Challenge Fund, aimed at developing systems to support the global move to renewables, the U.K. Government has announced £10 million for smart energy systems.
Specifically, £1.5 million will be shared out among 12 projects, which are tasked with designing “ground-breaking, local, smart energy systems that are ready for roll out in the 2020s.”
The goal of the systems is to lower costs and, thus, consumer energy bills, via improved efficiency and production.
According to a statement released by the government, the projects include creating an energy marketplace and local trading platform between the predominantly commercial premises in London’s South Bank and Waterloo, using IoT sensors, predictive algorithms and storage systems; and maximizing existing and planned renewable generation assets in Bridgend, including solar farms and a nearby energy park, to develop a local electricity flexibility market and an electric vehicle charging network.
The lion’s share of the funding – £8 million – will go to establishing a new consortium, led by the University of Strathclyde, called EnergyREV. Overall, the consortium is set to comprise 29 investigators from 22 U.K. universities.
“It will work closely with the Energy Systems Catapult to provide analysis, evaluation and assessment of the projects funded under the prospering from the energy revolution challenge,” read the statement. The challenge has been launched by the government to develop future smart energy systems.
No further details were released.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.