The 2022 programme will feature two funding competitions - the first opening on 16th March and the second scheduled for October.
Businesses from across the globe can apply for a share of £7 million (€8.3 million) available in the first competition, with a maximum of £1 million (€1.2 million) to be awarded to each successful project.
The projects must support the transition towards net zero with an obligation of trialling and deploying technology within the UK continental shelf.
As well as funding, the projects will also gain access to data, facilities, and technical expertise from industry. Seven technology focus areas have been identified for the first competition:
- Renewables and energy storage
- Zero emissions power
- Carbon capture, utilisation and storage (CCUS)
- Hydrogen and clean fuels
- Venting and flaring
- Integrity management
- Late life and decommissioning
Myrtle Dawes, Solution Centre Director, Net Zero Technology Centre, commented: “The launch of the 2022 Open Innovation Programme marks an update to our funding model, moving from an open call for ideas to two funding competition windows with specific technology focus areas.
“Following COP26 it is clear that we need to urgently focus on accelerating the delivery of technologies that will secure our net zero ambitions. Our updated funding model will allow us to concentrate on specific technology gaps to develop and commercialise the innovative technologies that are currently in the prototype and demonstration phase and ultimately drive the huge leaps in clean energy innovation that will deliver our 2050 emission reduction targets.”
Scottish Government Economy Secretary Kate Forbes said: “Accelerating efforts to reach net zero is a priority for this Scottish Government, which is providing £90 million funding to the Net Zero Technology Centre through the Aberdeen City Region Deal.