Direction to distribute funding for the Strategic Innovation Fund
Decision
Publication date
Industry sector
- Transmission Network
- Distribution Network
The Strategic Innovation Fund (SIF) is a funding mechanism for the Electricity System Operator, Electricity Transmission, Gas Transmission and Gas Distribution sectors.
The SIF aims to find and fund ambitious, innovative projects with the potential to accelerate the transition to net zero. These projects should help shape the future of the gas and electricity networks and succeed commercially where possible.
Following the completion of the SIF’s round 1 Discovery Phase Projects , we are now directing the distribution of SIF Funding by National Grid Electricity System Operator and National Grid Gas Transmission to (i) the round 1 Alpha Phase Projects that we awarded funding in July 2022 , and (ii) reconcile any unspent SIF Funding from the round 1 Discovery Phase Projects.