To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding has been allocated to research and development in the field of power electronics throughout the UK in the latest period for which figures are available.
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.