London Tech Week witnessed Energy Security Secretary Grant Shapps unveiling a £4.3 million government investment to propel the UK's space-based solar power industry forward. This funding aims to develop cutting-edge technology that includes ultra-lightweight solar panels for satellites and wireless systems to transmit solar power collected in space back to Earth. The breakthrough technology holds tremendous potential to bolster energy security, reduce reliance on fossil fuels, and lower household bills by providing uninterrupted solar power throughout the year.
The winning projects encompass Cambridge University's development of space-compatible, ultra-lightweight solar panels, capable of withstanding the harsh radiation conditions in space. Additionally, Queen Mary University in London is working on a wireless system that enables the efficient transfer of solar power from space to Earth. These initiatives align with the UK's commitment to fostering a sustainable energy future and its aspiration to tap into the significant benefits of space-based solar power.
A recent independent study projected that space-based solar power could generate up to 10GW of electricity annually by 2050, amounting to a quarter of the UK's power requirements. This ambitious pursuit could also create a multi-billion pound industry, generating 143,000 jobs across the country and driving economic growth. Notably, the UK joins other nations like Japan and the United States in actively pursuing the development of space-based solar power, with notable progress already being made, including the successful transmission of solar power from space to Earth by scientists at the California Institute of Technology.
Secretary of State for Energy Security and Net Zero Grant Shapps expressed his vision, stating, "I want the UK to boldly go where no country has gone before - boosting our energy security by getting our power directly from space. By winning this new space race, we can transform the way we power our nation and provide cheaper, cleaner, and more secure energy for generations to come." The government's investment in this groundbreaking technology highlights its commitment to revolutionizing the energy sector and leading the way in sustainable innovation.
Source: gov.uk