Decision on changes to the default approach to the SIF for Round Two or Three Innovation Challenges and information gathering on Round 3 Challenges
Decision
Publication date
Industry sector
- Distribution Network
- Transmission Network
In our RIIO-2 Final Determinations, we set out our decision to introduce the Strategic Innovation Fund (SIF) to find and fund ambitious, innovative projects with the potential to accelerate the transition to net zero. We published the most recent version of the SIF Governance Document in February 2023.
On March 7 2023 we opened a consultation on potential changes to the default approach to the Strategic Innovation Fund for Round 2 or 3 Innovation Challenges. We sought input on the proposal for Projects to apply directly into the Alpha and Beta phases, and, if this provided value, whether this updated process should be introduced for SIF Round 2 or 3. We also consulted to gather input on what Round 3 Challenges we should set for networks and innovators to respond to.
We are now publishing:
- Our decision in response to the consultation
- An updated copy of the round 2 Innovation Challenges, marking changes we have made since our consultation
- A clean copy of the round 2 Innovation Challenges
- An issue log of all the consultation responses received