Tech board unveils future plans
Tech board unveils future plans
2008-05-09Newsfeed
The Technology Strategy Board has set out its proposals for promoting and investing in innovation in energy generation and supply.
The Technology Strategy Board has set out its proposals for promoting and investing in innovation in energy generation and supply.
The board said its proposals are aimed at addressing the challenges of climate change and the secure supply of energy while generating business benefit for the UK.
Taking into account the current energy innovation landscape, the board has identified the need for investment in technologies for energy generation and supply during the period 2008-11.
Working closely with other funding bodies and Government departments, the board said, among other things, it will:
:: Directly invest in innovative research and development projects in areas such as carbon abatement technologies for fossil power plants, fuel cells, hydrogen and technologies for the maximisation of oil and gas indigenous resources;
:: Invest through, or jointly with, other organisations in offshore wind and marine power;
:: Work to identify, invest in and deliver additional benefits into the energy generation and supply innovation chain.
Copyright © The Press Association 2008
