MIT Briefing – April 2016
Welcome to the April Market Intelligence and Technology Briefing delivered by the Hydro Nation Water Innovation Service (HNWIS). These briefings are published every six months and are here to provide you with information and intelligence on where innovation is needed in the water and waste water sectors. HNWIS provides you with expertise, access to specialist support and facilities to accelerate you through the innovation journey and get your products to market quickly: a market estimated to be worth £1.8 billion.
In this issue we highlight the challenges and innovation needs around energy use and generation, highlighting some of the exciting work currently happening in Scotland. Energy is an area of large costs, big challenges but huge UK wide opportunities and a need for true innovation. The scale is demonstrated by the fact that water companies account for approximately 3% of energy used in the UK. Scottish Water alone uses c445GWh p.a. and has an annual electricity bill in the order of £47m. This in the wider context of carbon reduction commitments and the fact that the water sector is firmly positioned in the front line of dealing with the impacts of climate change. In this issue we also take a broad look at the top needs of the UK water sector, report on past and future event, opportunities for funding and engagement with water companies as well as topical news.
“Water is of central importance to the economy of Scotland, both as a sector in its own right and as a critical resource in the manufacturing, agriculture, food and drink, tourism and energy sectors. The estimated market size of the sector is £1.8 billion, including Scottish Water. The Hydro Nation Water Innovation Service is a significant element in the delivery of our strategic approach” (From Scotland the Hydro Nation – Second Annual Report).
The Hydro Nation Water Innovation Service, established by the Scottish Government through Scottish Enterprise and Highlands and Islands Enterprise, identifies innovative Scottish companies, particularly SMEs, and supports them along the innovation path from concept to commercialisation. AECOM with support from WRc and UK Water Ltd will deliver the three-year programme.