Lord Vallance Calls on Tech Experts to Design Ways to Help Reduce Electricity Bills

Science Minister calls on tech firms to lower energy prices

Science Minister Lord Vallance has called on tech companies to develop solutions to lower energy costs and shift peak electricity demand. As the cost of household bills and the demand for energy, driven by increased digitisation and the use of AI, rises the government has launched a five year competition for experts to develop tech solutions to meet the challenge. An initial £4m has been earmarked for the first year of the scheme that will encou…

Government Looks At Tech To Tackle Peak Electricity Demand - Cybernoz - Cybersecurity News

Science minister Patrick Vallance has unveiled £4m in funding to support technology projects that can help manage the UK’s electricity grid. Vallance has called on technology and artificial intelligence (AI) specialists to design ways to help reduce electricity bills by working on how to cut peak demand for grid electricity by two gigawatts. According to the Department for Science, Innovation and Technology (DSIT), reducing peak electricity usag…

Lord Vallance calls on tech experts to design ways to help reduce electricity bills

Science Minister Lord Vallance calls on businesses and researchers to develop cutting edge tech, that could cut energy costs in the long-term.