The Driving the Electric Revolution Challenge, launched in 2019 by the Department of Business, Energy and Industrial Strategy as part of the Industrial Strategy Challenge Fund (ISCF), represents an investment of up to £80million over 4 years for business-led innovation projects that enable UK supply chain and manufacturing capability growth in power electronics, machines & drives (PEMD).
Join our weekly Engage with… webinar series, in which leading companies are given a platform to present their PEMD journeys, activities, challenges and future PEMD supply chain requirements, with a view of exploring future opportunities for partnerships/collaborations/projects.
The Driving the Electric Revolution: Supply Chains for Net Zero competition that closed on 30th June 2021 is investing up to £22 million in innovation projects to facilitate the UK’s niche and volume supply chain and manufacturing capability growth in power electronics, machines and drives (PEMD). The Driving the Electric Revolution: Catalysing Green Innovation competition that close on 29th July 2020 is investing up to £5 million in innovation projects to support the UK’s continued push towards net zero by catalysing the green economic recovery in transport, energy and industrial sectors.
Driving the Electric Revolution is enabling electrification across multiple sectors. It aims to ensure the UK leads the world in the design, development and manufacture of power electronics, machines and drives (PEMD) across multiple sectors with projects that will facilitate future improvements in supply chain capability, productivity, capacity, quality, & efficiency, support the UK’s continued push towards net-zero carbon, and catalyse the green economic recovery in transport, energy & industrial sectors. This is part of a larger effort across many technologies and sectors to catalyse the government’s green industrial revolution in transport, energy and industrial sectors, aligned to the ten-point plan. Developing this competency in the UK will seize the economic opportunities in the global transition to clean technologies and electrification, and drive demand for £5 billion more PEMD by 2025 and up to £80 billion by 2050, creating growth and highly skilled jobs across the UK.
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