The Department for Business, Energy and Industrial Strategy has unveiled £1.5m in funding in for its new AI for Decarbonisation Programme, aimed at reducing the country’s carbon output.
Funding will be available via two streams: £1m for AI decarbonisation innovation projects and up to £500,000 towards co-funding an AI virtual centre until March 2025.
George Freeman, science minister, said: “The AI for Decarbonisation programme offers an exciting opportunity to leverage and develop the UK’s outstanding expertise in the field.”
“Putting this rapidly-evolving technology into action will enable us to save energy costs for businesses and households, create high-value, skilled jobs, and kickstart millions of pounds of private investment while supporting our net zero targets.”
It comes as part of the government’s overall Net Zero Innovation Portfolio £1bn fund.
AI innovation projects in renewable energy, energy productivity, fuel switching and reducing emissions in the agricultural space are being actively asked to apply.
“The UK is one of the world’s most advanced AI economies, and AI technology is already having a transformative impact on our economy and society. But there is tremendous potential to do more,” Freeman added.
A WPI Economics report this week outlined that the UK had taken “significant steps” towards becoming an AI superpower. Last year the government published its National AI Strategy.
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