Project Details
Description
In pursuit of the energy transition, £40 bn is to be annually invested in the GB power system to help meet the UK Government's mission for clean energy. Global supply chains are already under strain from similar aspirations internationally, such that demand for power system assets and equipment is likely to exceed available supply capacities. In turn, supply constraints could delay infrastructure upgrades and hence risk clean energy ambitions.
This project lists, and then quantifies, volumes of power system assets required to meet existing plans for new infrastructure, before estimating associated economic opportunities, all of which is supported by engagement with industry representatives. Together this reveals where market failures arise in global supply chains when faced with significantly scaling demand.
This £183,000 project is an early example of collaboration among industry-facing University centres on behalf of the High Value Manufacturing Catapult, and draws on contributions from across a 'triple-helix' of interests in UK-based and international supply chains, from: academia; catapults; SMEs; OEMs; network operators; and the UK Government forming a Grid Industrial Growth Plan aligned to the UK's Modern Industrial Strategy.
This project lists, and then quantifies, volumes of power system assets required to meet existing plans for new infrastructure, before estimating associated economic opportunities, all of which is supported by engagement with industry representatives. Together this reveals where market failures arise in global supply chains when faced with significantly scaling demand.
This £183,000 project is an early example of collaboration among industry-facing University centres on behalf of the High Value Manufacturing Catapult, and draws on contributions from across a 'triple-helix' of interests in UK-based and international supply chains, from: academia; catapults; SMEs; OEMs; network operators; and the UK Government forming a Grid Industrial Growth Plan aligned to the UK's Modern Industrial Strategy.
| Status | Finished |
|---|---|
| Effective start/end date | 2/12/24 → 31/03/26 |
UN Sustainable Development Goals
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):
-
SDG 7 Affordable and Clean Energy
-
SDG 8 Decent Work and Economic Growth
-
SDG 9 Industry, Innovation, and Infrastructure
Keywords
- Power systems
- Manufacturing
- Supply chains
- Net zero
- PEMD
- Industrial Strategy
Fingerprint
Explore the research topics touched on by this project. These labels are generated based on the underlying awards/grants. Together they form a unique fingerprint.