Net Zero Technology Center Launches £10 Million Competition

By • on March 11, 2022

The Journal of Petroleum Technology reported that The Net Zero Technology Center has launched its 2022 Open Innovation Program aimed at developing and deploying technologies that will reduce offshore emissions, accelerate clean energy production, and enable delivery of the UK’s net-zero ambitions. The 2022 program will feature two funding competitions. The first will open on 16 March, and the second opens in October. Businesses from across the globe can apply for a share of £7 million available in the first competition. Digital and data architecture, smart assets, and field automation will be included within the October £3 million funding competition. “The launch of the 2022 Open Innovation Program marks an update to our funding model, moving from an open call for ideas to two funding competition windows with specific technology focus areas,” said Myrtle Dawes, the Solution Center director at the Net Zero Technology Center.

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