Overview

As a general principle, the Institute will select, commission, fund, manage and undertake, where appropriate, the delivery of research programmes, with a significant proportion of funding focused on investment in a small number of key technology areas with the greatest promise for eventual deployment on the basis of their eventual contribution to low carbon, secure energy supplies. Competitive mechanisms (with appropriate peer review for quality and for commercial relevance) will be used to allocate funds to specific R&D projects.

We envisage that research teams bidding for funding will be drawn from industry, large and small, and academia, and may include researchers overseas. These collaborators will benefit from the opportunity to leverage their own investment in R&D with that of the core fund, and have access to the Institute’s infrastructure and network.