Swansea University has been awarded £36M in funding from the government to develop its clean energy innovation.
Chancellor Philip Hammond announced the funding from the Industrial Strategy Challenge, for the consortium led by Swansea University, which promotes the development of clean energy innovations in the construction sector.
The consortium has developed a breakthrough innovation of new building materials and coatings which generate electricity from light and heat. The green technology uses light and heat to make energy, and has the potential to power homes, workplaces, schools and hospitals. These materials could replace conventional walls, roofs and windows, generating electricity which is stored and released by a smart operating system. Excess electricity could also be sold back to the national grid.
The funding announcement supports the government’s mission to at least halve the energy use of new buildings by 2030: making buildings more energy efficient by embracing smart technologies will cut household energy bills, reduce the demand for energy, and boost the UK’s economic growth whilst meeting targets for carbon reduction.
On a visit to Swansea University, Chancellor of the Exchequer, Philip Hammond, said: “Swansea University and the innovative companies working with it are world-leaders in clean energy. The UK government is backing the industries of the future that will deliver jobs and opportunities across Wales. This £36M new funding will support exciting green technology that could cut energy bills, reduce carbon emissions and create better homes and workspaces.”
Secretary of State for Business, Energy and Industrial Strategy, Greg Clark said: “This centre has the potential to transform how buildings use energy, turning them from energy consumers into power stations. This £36M investment in clean energy innovation shows the UK continues to lead the way in cutting emissions while growing our economy.
“We are putting our world-leading science and innovation sector at the heart of our modern Industrial Strategy, and have set the ambitious target for investment in research and development to reach 2.4% of GDP by 2027.”
UK Research and Innovation (UKRI) is delivering the funding for the new Centre. UKRI Chief Executive Professor Sir Mark Walport said: “As we move towards a low-carbon economy, we need to explore more efficient ways of generating, conserving and using power and energy.
“Active buildings, which integrate solar generation and storage technologies for electricity and heat within their construction, can help to achieve this. The Active Building Centre will work to remove barriers to the large-scale adoption of active buildings on new developments throughout the country.
“The UK’s work in this field has been world-leading, and the Centre announced today is an important step towards realising the potential of low-carbon technologies.”
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