Businesses located in Abingdon, Didcot, Grove and Milton Park have received Energy Entrepreneurs Funding.
The competitive scheme supports the development and demonstration of state of the art technologies, products and processes in the areas of energy efficiency, power generation and heat and electricity storage.
The scheme aims to assist small and medium-sized enterprises, including start-ups, and selected companies receive additional funding for incubation support.
Since 2012 there have been 7 phases of the Energy Entrepreneurs Fund. Over that time, around £75 million of grant money has been invested into over 130 companies. Those companies have leveraged over £100 million in private funding and are still attracting further investment.
Below are details of several companies based in our districts who have received funding, and the projects that the funding will be used for.
Phase six of funding
Oxford Nanosystems Ltd
Based in Abingdon, Oxford nanoSystems have developed a coating that is able to increase the efficiencies of heat exchangers for two-phase systems.
The project aims to develop and test these coatings to increase the power output of an evaporator, which is a common component in many two phase industrial, commercial and domestic processes.
Phases one to five
future blends ltd
In Milton Park, Future Blends is creating a relatively low cost, locally produced advanced (2G) biofuel “drop in” emulsion that could replace up to 40% of the UK’s demand for light fuel oil (LFO). The immediate application would be for the shipping industry (i.e. marine engines), with later development in rail and heat and power generation.
The Project aims to demonstrate the viability of using an emulsion of biomass-derived pyrolysis oil and LFO as a blended “drop-in” fuel for use in large diesel engines. The Project will seek to scale the existing bench-scale emulsion research to a pilot production facility (c. 5-10 litre/h) and produce sufficient quantities to undertake and complete engine trials.
Based in Didcot, Oxsensis is home to PINCER (Power generation Instrumentation for Carbon Emissions Reduction), a collaborative development programme which will reduce the environmental impact of gas turbine (GT) systems.
High temperature optical pressure measurement instrumentation and control systems have been deployed on medium sized industrial GTs, and are producing test bed and also production ‘in-field’ high fidelity data measurement enabling better control of lean burn gas fuelled combustion systems on 3.9-7MWe GTs.
PINCER will accelerate adoption of this low emissions technology in large GTs used for grid powergen and in aero engines.
Milton Park-based Tokamak Energy believes that high temperature superconducting (HTS) magnets have the potential to dramatically accelerate the development of fusion energy.
The limiting factor is the engineering demonstration of high field HTS magnets at a suitable scale for a fusion reactor. This project sets out to tackle one of the key technical challenges – reliably protecting the magnet in the event of a loss of superconductivity.
This project will enable development of a faster route to fusion energy – a technology capable of having a major impact on 2050 carbon targets, if it can be developed quickly enough.
williams grand prix engineering
Located in Grove, Williams‘ project aimed to demonstrate the performance, reliability and robustness of their stationary flywheel energy storage technology in an intermittent renewable energy environment.
The project designed, built and demonstrated energy storage systems to quantify improvements in frequency control and power stabilisation in two island networks, using flywheels to smooth irregular and unpredictable power output from renewable sources such as wind turbines.