New energy projects to receive £5.8 million in the latest round of the Ofgem Strategic Innovation Fund (SIF).
Energy regulator Ofgem and Innovate UK have announced a £5.8 million package to fund feasibility studies for 44 projects as round three of the Ofgem Strategic Innovation Fund (SIF) gets underway.
Funded by Ofgem and delivered by Innovate UK, the SIF was launched in 2021. The £450 million, five-year programme was designed to help shape the future of Great Britain’s energy networks and accelerate the transition to net zero.
The SIF aims to find potential ideas to key energy network challenges and identify those with the greatest promise as quickly as possible. It then aims to give them the support they need to help the networks achieve net zero.
