The Net Zero Technology Centre (NZTC) has launched a new competition, inviting firms around the world to apply for a share of a £10 million pot.
Two funding windows have been announced, the first opening on March 16 and the second scheduled for October.
In the opening round, businesses from around the world can apply for a share of £7 million, with a maximum of £1 million for each successful projects.
The round is open to tech in the areas of:
1. Carbon capture, utilisation and storage (CCUS)
2. Hydrogen and clean fuels
3. Renewables and energy storage
4. Zero emissions power
5. Venting and flaring
6. Integrity management
7. Late life and decommissioning
The funding round is designed to support the transition to net zero, with a obligation to trialing and deploying them in the UK North Sea.
A second competition, for £3 million, will open in October which will focus on digital and data architecture, smart assets and field automation.
As well as funding, winners of the competitions will gain access to data, facilities and technical expertise.
Myrtle Dawes, Solution Centre Director, Net Zero Technology Centre, said: “Following COP26 it is clear that we need to urgently focus on accelerating the delivery of technologies that will secure our net zero ambitions.
“Our updated funding model will allow us to concentrate on specific technology gaps to develop and commercialise the innovative technologies that are currently in the prototype and demonstration phase and ultimately drive the huge leaps in clean energy innovation that will deliver our 2050 emission reduction targets.”
The Scottish and UK Governments are investing £90m each in the centre as part of the Aberdeen City Region Deal.
Scottish economy secretary Kate Forbes said: “This funding competition will help the energy sector develop and deploy the innovative technologies required to achieve a just transition for Scotland.”
UK Scotland Office minister Iain Stewart added: “This is a fantastic opportunity for businesses to work with the world-leading Net Zero Technology Centre to develop their ideas for the future of our energy sector.”
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