Analysis
Power Electronics Technology Roadmap To Grow UK's Share Of £135 Billion Industry
NMI is set to establish the multi-annual innovation roadmap for the UK's complete power electronics industry. The initiative is being undertaken in partnership with government and seeks to increase the UK industry's share of the £135 billion global power electronics market. The roadmap is expected to identify key and disruptive technologies that can be exploited by UK industry and can be used to communicate to government the most effective, strategic funding opportunities.
ThisThe Forum was launched today at the IET in an event attended by the Universities and Science Minister, David Willetts. The associated Power Electronics website, www.power-electronics.org.uk, was also launched today.
The Forum stems from the governmental report 'Power Electronics - A Strategy For Success' published in October 2011.
Facilitated by NMI and supported by IET, Gambica and the ESP Knowledge Transfer Network the Forum is an industry-led collaborative effort to have the UK recognised as a world leader, bringing jobs and investment to the country.
Additional workstreams include skills and supply chains led by the IET and ESP KTN respectively.
Derek Boyd, NMI CEO also commented that: “We’re delighted to see continued momentum behind the Power Electronics Strategy with the launch of the forum today and the website as additional staging posts for the sector. We’re also pleased to announce the role NMI will play in creating a unique, cross sector technology roadmap for UK industry to guide research and investment decisions.
“In this way we can proactively collaborate with funding bodies with the benefit of informing government investment for economic benefit. If you are part of UK’s thriving power electronics industry, please accept my invitation to join this newly formed community.”