Ideas and creative technology solutions to problems both green, envrionmental and otherwise. All my own, some more viable than others, best viewed with out great seriousness.

Tuesday, September 08, 2009

The ETI is a unique public-private partnership that is seeking to accelerate the deployment response to the UK’s renewable energy and CO2 reduction targets.

We are funded 50:50 by the Government and Industry Members who, as the ETI’s Executive Board, decide which projects are commissioned and how funds are awarded. There are currently 6 Core Industry Members who each commit up to £5million per annum, matched by the UK Government.

The ETI has agreed a unique flexible funding framework with the European Commission that allows a variable mix of public and private funding. Projects may be co-funded with project participants, giving flexibility in access to Arising Intellectual Property to reflect contributions in cash and in kind. We may also fund 100 per cent of project costs, or directly procure services at market rates, varying the mix of ETI public and private funds to allow for profit. Projects outside the European Economic Area countries can also be funded.

We aim to fund a relatively small number of large-scale projects in the £5million to £25million range. Projects are funded via a set of agreed deliverables, and an agreed budget and timeframe. Payments of actual costs, within budget, are made based on milestones achieved and accepted by the ETI.

We may also decide to conduct, contract or procure specific research, development or demonstration which is not considered appropriate to be chosen as a research project, under the umbrella of the Flexible Research Programme (FRP

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