Ceimig Awarded Net Zero Technology Centre Open Innovation Programme Grant

Ceimig is delighted to have been selected for a grant from the Net Zero Technology Centre. As 1 of only 20 companies that were awarded a grant as part of the Open Innovation Programme, it is great to receive this recognition of the vital work we are doing in the fight against climate change:

• Net Zero Technology Centre has awarded £8 million to net zero technologies as part of its 2022 open innovation programme

• The 20 winning technologies fall into seven focus areas to accelerate clean energy production and close the gap in net zero technologies

The Net Zero Technology Centre has today (10 October 2022) announced the 20 winners of its 2022 Open Innovation Programme. The funding competition this year focused on developing and deploying technologies that will reduce offshore emissions, accelerate clean energy production, and enable delivery of the UK’s net zero ambitions.

A total of 154 businesses from across the globe applied for a share of £8 million available, with the potential of a maximum of £1 million awarded to each successful project. The game changing technologies were put through a rigorous selection process ensuring each supports the transition towards net zero, with an obligation of trialling and deploying technology within the UK continental shelf. The 20 successful technology projects will deliver £7.8bn GVA along with an impact of 3.1Mt CO2e annually.

As well as funding, the technology developers gain access to data, facilities, and technical expertise from industry.

The winning technologies fall into seven focus areas:

1. Carbon capture, utilisation and storage (CCUS)

2. Hydrogen and clean fuels

3. Renewables and energy storage

4. Zero emissions power

5. Venting and flaring

6. Integrity management

7. Late life and decommissioning

The announcement follows the recent launch of the ‘Technology driving green energy growth’ report published by the Technology Leadership Board, NZTC, and Accenture. The report sets out robust recommendations detailing how rapid investment in technology innovation can help enable the delivery of the North Sea Transition Deal’s (NSTD) emissions targets and the creation of a net-zero energy system in the North Sea.

The winning ideas are set to help meet the goals of the report and develop high value, high impact opportunities for Scotland and the UK. Emerging electrolyser technologies and materials will advance reducing the cost of green hydrogen by 60%; whilst novel optical sensors to prevent corrosion in carbon capture and storage operations will support the UK to expand the CCS market. One of the successful projects will trial geothermal techniques in the field and another will use liquid air battery innovations to accelerate an integrated energy system.