UK Government launches £1.5 million AI program for reducing carbon emissions
The UK’s Department of Business, Energy, and Industrial Strategy announced an AI innovation program in order to achieve net-zero targets.
The UK’s Department of Business, Energy & Industrial Strategy announced on 22nd Nov a program that will use artificial intelligence (AI) to lower carbon emissions.
The $1.7m AI for Decarbonisation Programme is part of the UK government’s $1.19bn Net Zero Investment Portfolio and has been allocated to the initial deployment stage.
The first funding stream of this fund will provide up to $595,682 in financing for an innovation center on AI and decarbonization that will last until 2025. The second funding stream is towards innovative initiatives to develop technology like artificial intelligence to help decarbonize.
The program aims to encourage collaboration across the UK’s technology, energy, and industrial sectors.
UK science minister George Freeman says: “AI technology is already having a transformative impact on our economy and society. But there is tremendous potential to do more.”
“Putting this rapidly-evolving technology into action will allow us to save energy costs for businesses and households, therefore creating high-value skilled jobs. It will also kickstart millions of pounds of private investment that can help support our net zero targets.”
Applications can be made through the scheme’s funding page. The application period began on 22 November and ended on 19 January 2023.
Programs like this encourage projects that help the transition to renewable energy, decarbonize the industrial sector with increased energy productivity and fuel switching, and lower emissions in agriculture.