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Corporate report

Annual reports: delivering Ofgem’s Strategic Innovation Fund

These publications review Innovate UK’s work in partnership with Ofgem to deliver the Strategic Innovation Fund, since it was launched in 2021.

• From: Innovate UK
• Published: 28 September 2022
• Last updated: 18 February 2025 - see all updates

Documents

Ofgem Strategic Innovation Fund: annual report 2024

PDF, 3 MB

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Ofgem Strategic Innovation Fund: annual report 2023

PDF, 1 MB

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Ofgem Strategic Innovation Fund: annual report 2022

PDF, 2 MB

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Details

Decarbonising energy networks, with the aim of creating a net zero power system by 2035, is a huge and urgent undertaking.

With funding of around £450 million, Ofgem’s Strategic Innovation Fund (SIF) responds to the challenge and represents a major investment in the pace of innovation in the sector, funded by energy consumers through the price cap mechanism.

The SIF programme is managed by Innovate UK, as Ofgem’s delivery partner. These short reports cover Innovate UK’s progress in delivering the SIF since its launch in 2021, and what comes next.

Updates

• 18 February 2025
  New document added: Ofgem Strategic Innovation Fund: annual report 2024.
• 6 November 2023
  New document added: Ofgem Strategic Innovation Fund: annual report 2023.