economy The Department for Energy and Industrial Strategy (BEIS) has launched a £1.5m artificial intelligence (AI) innovation initiative that uses technology to curb the UK’s carbon emissions.
The AI for Decarbonisaton Program is part of the government’s wider £1bn Net Zero Innovation Portfolio, announced in March 2021 to help bring it to market faster.
The program is made up of two separate streams of grant funding and will be launched in phases.
The first will co-fund a virtual center of excellence for AI innovation and decarbonisation, worth up to £500,000 until March 2025. The second is designed to fund projects worth up to £1 million. Accelerate the development of AI technologies that enable decarbonisation.
In a statement, BEIS said it was funding projects using AI to accelerate the UK’s renewable energy transition. It said it is looking to fund projects that will help improve energy productivity and fuel switching, and reduce emissions from the agricultural sector.
BEIS said it intends to follow this plan next year with additional funding to support “priority areas of AI innovation” identified by the virtual center of excellence, which is critical to achieving “net-zero”.
In addition to helping decarbonize the economy, BEIS added that the scheme has the potential to increase the market growth of AI technology in the UK and reduce energy costs for a more competitive UK industry.
Science Research and Innovation Minister George Freeman said the UK is one of the world’s leading AI economies and the technology is already pervasive throughout society, but there are still new uses for it to be discovered. .
“The AI for Decarbonisation program offers an exciting opportunity to promote and develop outstanding skills in the UK sector,” he said.
“Implementing this fast-changing technology will deliver energy cost savings for businesses and households, create high-value, skilled jobs and trigger millions of pounds of private investment while supporting our net-zero targets.”
Following is the program launch. 2021 National AI StrategyIt sets out ways in which AI can be used to help the UK meet its net-zero targets.
The program is accepting applications now and will close on 19 January 2023.