UK offers £1.5m for ‘game changing’ energy tech
Source: Energy Live News
Small and medium sized businesses are being invited to bid for a share of £1.5 million for “game changing” technologies that could be adapted to the energy industry.
Innovate UK, funded by the UK Government, is seeking businesses operating primarily outside the energy sector to lead projects that tackle challenges in the oil and gas, nuclear or energy systems.
Those new to energy and with expertise in inspection, big data and customer engagement that can “help deliver radical change” can bid for a share of the funding.
Innovate UK stated: “We expect businesses working in inspection, ICT, digital, sensors, virtual reality, gaming, robotics, autonomous systems, advanced materials and manufacturing will have ideas of interest to the energy industry.
“Existing defence, aerospace, automotive, telecommunications, forensics, medical, space and creative industries technologies could also be relevant.”
It added the challenges are in three key areas: inspecting buildings and vessels, including identifying defects without human entry, analysing large volumes of data in the energy industry and finding innovative ways to get users to reduce their energy bills.