| answer text |
<p>Our ambition is to raise total R&D investment to 2.4% of GDP by 2027, the biggest
ever increase, and 3% in the longer-term. Research and development into power electronics
is funded by UK Research and Innovation primarily through the Engineering and Physical
Sciences Research Council (EPSRC) and Innovate UK. These councils have currently allocated
£36.1m to active grants in power electronics. Of this, £35.2m is allocated to establishments
in England; £0.6m in Scotland and; £0.3m in Wales. This includes grant funding to
individual projects, a recently funded future electrical machines manufacturing hub
at the University of Sheffield and a Centre for Doctoral Training in power electronics
for sustainable propulsion at Newcastle University. The Centre will support the best
and brightest PhD students from across the UK.</p>
|
 |
