Posted: Mon 21st Mar 2016

Meeting Energy Demands Of The Future

news.wales / newyddion.cymru
This article is old - Published: Monday, Mar 21st, 2016

Multi-million pound project will attract business, create jobs and position Wales as a pioneer in energy systems ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Cardiff University are to lead a £24m project aimed at developing new ways of managing future energy systems. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The project, entitled FLEXIS, will bring together world-leading expertise from Welsh universities to tackle some of the most pressing issues currently facing society, such as climate change, rising energy prices and fuel poverty. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The five-year EU-backed project was announced today by Welsh Government Finance Minister Jane Hutt AM during a visit to the University. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The FLEXIS project, which also includes Swansea University and the University of South Wales, will set out to meet the diverse, complex and inter-dependent challenges that arise when new sources of energy are integrated into the grid by suppliers. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The challenges are varied and include: accommodating power supply from multiple, somewhat random, places; storing energy when it is not needed; coping with extreme flows of energy into the system; accommodating an ailing infrastructure; and making sure all challenges are met in a socially acceptable, affordable way. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

As part of the project a demonstration site will be established to act as a test bed for new ideas and to show new technology and energy solutions being developed. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Leading researchers from the UK and Europe will be recruited to Welsh universities as part of the project, helping to strengthen Wales’ position as a leader in research and innovation within the energy industry. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

The project aims to pave the way for the development of new technologies and job creation in the energy sector, and attract new companies to locate themselves in Wales. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

By 2020, over £20m of additional competitive research income is expected to be secured in Wales as a result. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Professor Colin Riordan, Vice-Chancellor of Cardiff University, said: “The FLEXIS project promises to tackle some of the major societal challenges that we are facing today, from climate change to fuel poverty and rising energy prices. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“By bringing together expertise from across Cardiff University and the rest of South Wales, FLEXIS will establish Wales as a pioneer in energy systems and deliver significant benefits to the nation as a whole, attracting new businesses, creating jobs and training the research engineers of the future. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“This significant amount of EU funding is yet another example of how financial support from Europe is helping to propel the fundamental research that is being performed here in Wales.” ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Finance and Government Business Minister, Jane Hutt, said: “Wales is set to benefit from around £1.8 billion of EU Structural Funds by 2020 to support business, innovation, infrastructure, skills, employment, and young people. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“This is vital investment for our economy and labour market, and is a crucial source of funding in driving innovative research and the commercialisation of that research, creating sustainable jobs and growth. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

“It’s fantastic news that this £15 million EU funds investment will support such ground-breaking potential in this important energy sector for Wales.” ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​



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