Friday 21 February 2020

Industrial innovators win £9m finance boost to demonstrate tech

Industrial innovators win £9m finance boost to demonstrate tech

Eight industrial innovators have secured almost £9 million in public and private funding as part of the second phase of the Department of Business, Energy and Industrial Strategy’s (BEIS) Industrial Energy Efficiency Accelerator (IEEA).

The programme assists partnerships between developers of innovative energy efficient technologies and industrial companies from all sectors willing to test technologies on-site.

The IEEA seeks to increase the likelihood of these technologies seeing wider adoption across the UK’s industrial sector by demonstrating them under operational conditions and by doing so, bolstering the competitiveness of UK industry whilst reducing carbon emissions.

The eight projects, selected based on energy saving potential and scalability, include an ultrasonic technology to reduce the energy required for plastics manufacturing, a highly efficient cooling technology for data centres, a novel magnetically-geared motor for increased efficiency in waste processing and an industrial wastewater filtration system to allow recycling of heated wastewater.

The demonstration sites will be spread across industrial clusters in the East and West Midlands, Yorkshire and the Humber, the North East and North West of England.

Tom Delay CBE, CEO at the Carbon Trust, said: "We are excited to announce the second phase of IEEA projects which span a wide variety of innovations and sectors.

"These projects will help reduce the energy that is currently being lost in industrial processes due to inefficiency in equipment, mechanical limitations and heat loss. The IEEA has the potential to deliver significant carbon emissions reductions across the UK and support the long-term competitiveness of UK industry."

Written by

Bruna Pinhoni

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