Ofgem Allocates £37m to Green Innovations for Net-Zero Goals
The UK energy regulator Ofgem, in collaboration with Innovate UK, has allocated £37 million through its Strategic Innovation Fund (SIF) to support various green innovation projects. These projects are part of the fourth cycle of funding aimed at reducing the environmental impact of the energy sector in line with the UK's 2050 net-zero target. The funding is divided among several large-scale 'beta' projects and smaller 'alpha' projects. Notable initiatives include Nature4Networks, which focuses on integrating nature-based solutions into infrastructure planning, and SNUG, which develops commercial models for social landlords to engage in energy flexibility markets. Other projects involve modernizing overhead line ratings, simplifying wayleave agreements, and developing consumer-centric approaches to low-voltage network upgrades.