The Ofgem Strategic Innovation Fund (SIF) has allotted £16 million to assist 36 pioneering initiatives in its Spherical 2 Alpha section.
This funding is a part of the bigger £450 million SIF initiative.
These initiatives are geared in the direction of helping power community operators in reaching a number of key aims, together with lowering shopper prices, decarbonising the power system and diminishing reliance on costly fossil gasoline imports.
Constructing upon the sooner ‘Discovery’ section feasibility funding, these ‘Alpha’ initiatives will obtain as much as £500,000 every to delve deeper into their ideas.
One of many funded initiatives, LEO-N (Native Power Oxfordshire – Neighbourhoods), addresses the problem of lowering carbon emissions from main sources of power consumption.
They intention to facilitate the transition to scrub power for properties, companies, and communities by making a coordinated course of. This course of includes creating instruments, enterprise preparations, and native authorities constructions to expedite the transfer to internet zero.
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