ENIAN, a software developer for the renewable energy sector, has this week been awarded a £500,000 Smart Grant by Innovate UK to develop a new cost predicting algorithm set to accelerate the uptake of renewable energy across the country.
The company will collaborate with the University of Edinburgh School of Engineering and The Data Lab over 19 months to develop and test the cost-of-interconnection prediction algorithm (CIPA), with the aim to digitise, automate and enhance the way that project planners estimate the cost of connecting a new power plant to the nearest available grid. The project will start in early December and will run until May 2022.