What we do
for the energy networks

In order to meet the challenges and opportunities of transitioning to the RIIO regulatory framework and a low carbon energy future, transmission and distribution network operators need to adapt and innovate.

Acting alone cannot bring about the transformational changes the sector requires. With new models and events disrupting the established status quo, the power of innovation lies in the power of synergy.

At the EIC, we believe that if you want to be incrementally better, you compete. If you want to be exponentially better, then you collaborate.

This ethos drives our business model and creates value for our industry partners by shaping opportunities that enable them to:

  • discover and trial new technologies and ideas from across the world that respond to their needs by proactively taking their calls for innovation and innovation needs out to the marketplace;
  • facilitate strategic innovation collaboration and share learning with others from the gas, electricity and renewables sectors;
  • accelerate their delivery of innovation through projects with SMEs and
  • promote their innovation activities to stakeholders and customers.

UK Energy Industry Challenges

What we do
Collaboration

When companies from the same sector collaborate, the mutual benefits can be more powerful than any benefits that competition might produce. Risk, cost, distribution channels, co-marketing and collaborative innovation can all be shared, avoiding duplication of effort and resources, and identifying areas of opportunity.

The EIC has developed a proven model for collaborative innovation in operational business performance. We are now evolving this to include strategic innovation collaboration which will set us apart from other sectors and deliver the transformational changes that the sector requires.

Current areas of strategic collaborative opportunity that we are exploring with this model are:

The Energy Loop

The Energy Loop is a collaborative project between SP Energy Networks, Northern Gas Networks, National Grid, SGN, Scottish and Southern Energy, Wales & West Utilities. To date, it is the largest cross-utility collaboration ever funded by a Network Innovation Allowance.

The project will create a trusted digital platform accessible to all UK customers that can help them to simplify the journey to better energy by:

  • enabling them to assess the optimum energy solution for their property;
  • facilitating the creation of community energy initiatives;
  • creating the link between customers/communities with the companies and bodies able to provide and fund energy solutions;
  • facilitating greater uptake of efficient energy schemes across the UK.

Find out more at www.theenergyloop.co.uk

Digital platform

Digital Platform – the EIC is developing a digital platform which will link the needs of the industry with innovators who have the capabilities to address those needs. The vision for the digital platform is that it will:

  • lead to efficiencies in network problem solving;
  • open the market up to new innovators;
  • allow networks and innovators to interact which will lead to innovations that are network specific.
To find out more about the EIC digital platform, watch our explainer video below or contact Gavin.Shone@energyinnovationcentre.com

 

 

 

£1.8M

Investments brokered by EIC 2016/17

1,965

Innovation community of entrepreneurs and SMEs

30

Projects developed for Industry in 2016/17

489

Business opportunities from innovators and entrepreneurs, for utility companies