The Innovation Fund is intended to promote and accommodate an environment of innovation in the gas industry.
The Gas Innovation Fund is intended to promote and encourage an environment of innovation in the gas industry. GNI wishes to engage with key stakeholders in order to share knowledge and leverage the best use of all resources for innovation. It is intended that the Gas Innovation Fund will foster creativity, tailor innovation and consider solutions that meet gas industry needs, embedding innovation in the GNI organisation and the gas industry.
Under GNI’s third price control (PC3) the CRU approved the establishment of an Innovation Fund to support innovation in the gas industry. GNI went through its fourth price control (PC4) and a new gas innovation fund has been allowed for as part of PC4.
There are a number of key priorities that drive the gas innovation fund. The key priorities are (i) increase throughput through the gas system, (ii) assist in the transition to a low carbon economy, (iii) deliver significant carbon savings and (iv) provide measurable value to all gas customers. More information about the key priorities can be found here.
The Gas Innovation Fund is administered and Chaired by GNI with the Gas Innovation Advisory Group (GIAG) acting as advisors to the fund. The GIAG is comprised of representatives from academia, industry and policy. Members of the GIAG include:
GNI will carry out a high level assessment of the applications forms that are submitted then the eligible application forms will be sent to the GIAG for review. The GIAG make a recommendation about whether an application has merit. The Chair is responsible for bringing these recommendations to the GNI Innovation Steering Committee for funding approval. Where an application is successful, funding that has been approved will only be released once an agreed contract is in place with GNI.
Proposals seeking funding under the Gas Innovation Fund are assessed under certain criteria, such as relevance, maturity and impact.
If you are interested in applying for funding from the Gas Innovation Fund please complete the online application form. The online form is relatively short with mandatory fields and a character limit for the responses. Once you have submitted your application it will be reviewed and you may be asked for additional information to support your application.
Please send any questions relating to this application process to the following email address: email@example.com.
Those applicants that are approved for funding will receive an email informing them that their application was successful and of the next steps in relation to the signing of a contract with GNI.