The Government has today confirmed a £60 million capital investment in the Energy Research Accelerator (ERA). Together with private sector and university support the decision unlocks £180 million total investment in the Midlands region.
Today’s announcement has been welcomed by ERA’s leadership partnership, the six leading UK universities forming the Midlands Innovation group – Aston University, The University of Birmingham, The University of Leicester, Loughborough University, The University of Nottingham, The University of Warwick – and the British Geological Survey.
The funding will create new world-class facilities in the Midlands to meet the challenges of developing affordable low-carbon energy and technologies for greater energy efficiency.
Gordon Waddington, CEO, ERA said: “Today’s announcement allows us to take the next step to accelerate the transformation of the UK energy sector and invest across the whole of the Midlands. ERA is putting the UK on the global map of energy innovation. The amount of private sector funding is a testament to the fact that this is a critical opportunity for growth and productivity in the UK.”
Based on complementary Thermal (T-ERA), Integrated Systems (I-ERA) and Geo-Energy (G-ERA) research themes, ERA brings together the best in energy research with the Midlands’ extensive industrial base. This is to develop new technologies for export and use in the UK, and support greater productivity and growth in the Midlands and wider UK.