The Net Zero Innovation Portfolio provides funding for low-carbon technologies and systems. Decreasing the costs of decarbonisation, the Portfolio will help enable the UK to end its contribution to climate change.
Innovation is key to developing the green technologies needed to tackle climate change. The Net Zero Innovation Portfolio is a £1 billion fund, announced in the Prime Minister’s ten point plan for a green industrial revolution, to accelerate the commercialisation of low-carbon technologies, systems and business models in power, buildings, and industry.
The Portfolio will decrease the costs of decarbonisation and set the UK on the path to a low carbon future. It will create world-leading industries and new green jobs, invest in our regions, and help make the UK a science and innovation superpower.
Focused on 10 priority areas, it includes:
future offshore wind
nuclear advanced modular reactors (supported through the aligned Advanced Nuclear Fund)
energy storage and flexibility
direct air capture and greenhouse gas removal (GGR)
advanced carbon capture, usage and storage (CCUS)
industrial fuel switching
Funding is being made available for projects right across Great Britain and Northern Ireland. Competitions will be launching throughout 2021, with opportunities to apply offered through the individual competition pages listed below.
To bring down costs and reduce barriers within the full biomass to energy value chain. This includes improving the productivity of the UK’s biomass supply, the availability of conversion technologies, and the generation processes for energy vectors such as biomethane, green hydrogen, biofuels and electricity
BEIS has joined the Offshore Renewable Energy Catapult’s Floating Offshore Wind Centre of Excellence. BEIS is providing the Centre with £2 million over 4 years, strengthening the Centre’s mission to further accelerate innovation in the UK’s floating wind sector. This puts us in a prime position to capitalise on a growing export market as other countries look to use this technology.
UK Manufacturing Technology for Next Generation Wind Turbines – Composites Phase 2
£5 million awarded to Offshore Renewable Energy Catapult and the National Composites Centre to set out a detailed roadmap for incorporating radically new composite-based components in the next-generation of offshore wind turbines and how they can be manufactured and delivered in the UK context.
£3.8 million has been awarded to 7 projects to support the development of technologies that enable the coexistence of future offshore windfarms alongside UK air defence surveillance systems. This competition will be delivered through the Defence and Security Accelerator.
The aim of the AMR Research, Development and Demonstration Programme is to demonstrate that high temperature gas reactors (HTGRs) can produce high temperature heat which could be used for low carbon hydrogen production, process heat for industrial and domestic use and cost-competitive electricity generation.