British energy regulator offers 450m pound to promote green energy innovation
August 31, 2021, 5:11 am

green energy-

The Yahoo news website reported, citing Reuters that British energy regulator Ofgem will offer 450 million pounds ($619 million) in funding over the next five years to promote green innovation across gas and electricity networks and keep energy bills low.

According to Ofgem, the money will be available to network companies, system operators, businesses and researchers to drive "big, bold and ambitious" ideas that accelerate the transition to an emissions-free energy system and help position Britain as a world leader in energy innovation.

It added, funding could be increased if needed.

Jonathan Brearley, chief executive of Ofgem, said: "What we need more than ever to reduce greenhouse gas emissions and reach net zero is innovation."

Ofgem said, ideas should have the potential to scale across the networks and focus on system integration, data and digitalisation, heat and transport, such as heat pump roll-outs, or new technologies to integrate flexible energy solutions, such as battery storage.

Martin Callanan, energy minister at the Department for Business, Energy and Industrial strategy (BEIS) said: "The Strategic Innovation Fund will ensure the best projects and most talented minds have the grants available to reduce carbon emissions and enable bill payers to see the benefits of building back greener."

Source: yahoo

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”