Stephenson Challenge / Driving the Electric Revolution
Our Technical Partner Dr. Charlie Elliot has been involved in this cross industry initiative for quite some time as it originated in Power Electronics UK. He recently attended a key update meeting in Birmingham. A detailed video giving more details can be found here. Subject to business case and match funding from industry, government has announced that it is prepared to invest up to £78 million in this challenge. This will be managed through Innovate UK and the Industrial Strategy Challenge Fund – wave 3.
The challenge is all about developping a UK supply chain for power electronics machines and drives across 7 industrial sectors. All 7 sectors are cruicial if we are to hit our future emmissions targets whilst mainting or exceeding the standard of life we are all used to. We will be keeping a close eye as things develop as this major initiative is something SPS would very much like to be part of and is very well placed both in terms of experience and facilities.