The ETI is a public-private partnership between global industries – BP, Caterpillar, EDF, E.ON, Rolls-Royce and Shell – and the UK Government.
Public sector representation is through the Department for Business Innovation and Skills (BIS), the Technology Strategy Board (TSB), the Engineering and Physical Sciences Research Council (EPSRC) and the Department of Energy and Climate Change (DECC).
As a public-private partnership the ETI brings together the collective knowledge, expertise and experience of its diverse members to address future energy challenges.
The ETI brings together projects that accelerate the development of affordable, clean, secure technologies needed to help the UK meet its’ legally binding 2050 targets.
We are not a grant-giving body, but make targeted investments in projects in offshore wind, marine, distributed energy, buildings, energy storage and distribution, carbon capture and storage, transport and bioenergy.
Those projects bridge the gap between laboratory scale research and development and commercial deployment of large-scale engineering projects.
The UK Government has set a target of delivering 15% of all energy needs from renewable sources by 2020, a reduction in greenhouse gas emissions of 34% by 2020 and at least 80% by 2050.
As energy demand rises we need to address the serious challenges facing our energy supplies to:
Reducing emissions whilst maintaining energy security within the UK will need a combination of:
The ETI’s mission is to accelerate the development, demonstration and eventual commercial deployment of a focused portfolio of energy technologies, which will increase energy efficiency, reduce greenhouse gas emissions and help achieve energy and climate change goals.
The ETI’s Energy System Modelling Environment (ESME) helps us to identify key areas for strategic investment.
Our in-house modelling shows that the scale and urgency of the reduction required will not be met through gradual improvements, therefore positive technology acceleration is required.
This helps us determine where we can deliver the greatest impact.
We work with leading groups who can help us to create the affordable, sustainable and secure energy solutions the UK requires. We work with large multi-national companies, SMEs, universities, research organisations and consultants in the UK and abroad.
Integral to the success of our projects is the high calibre of expertise and knowledge of our project partners. Working with this mix the ETI creates project teams at the cutting edge of science, technology and engineering.
We don’t finance random speculative technologies, we use the evidence of our experts to identify the specific technology projects we want to develop that will have the greatest impact on the energy mix of the future.
16 May 2013
