Developer docs
API playgroundTry for free, no card

Search company profiles

IDRIC

Full company profile

uuid0004mkz

Namestring
IDRIC
Legal namestring
Industrial Decarbonisation Research and Innovation Centre (IDRIC)
Websiteurl
idric.org
Company typeenum
Private
Founded yearint
2021
Descriptiontext

IDRIC (Industrial Decarbonisation Research and Innovation Centre) is a UK publicly funded research and innovation centre founded in 2021 and hosted at Heriot-Watt University in Edinburgh. It functions as the UK government's designated focal point for industrial decarbonisation research, operating within the £210m UKRI Industrial Decarbonisation Challenge (IDC). The centre coordinates a network of 246 partners spanning 46 research institutions, 7 UK industrial clusters (Scotland, Tees Valley, Black Country, South Wales, Northwest, Solent, and Humber), industry, government, and trade bodies. Its research is structured around nine Multidisciplinary Integrated Programmes (MIPs) covering CCUS, hydrogen systems, negative emission technologies, industrial heat, circular economy, electrification, and policy/knowledge exchange.

IDRIC's portfolio consists of research outputs and platforms rather than commercial products. It has delivered 100+ research projects between 2021 and 2025, including targeted initiatives such as the MaritimeTwin digital twin for shipping emissions (with CGI and Maritime UK, £1m+ Innovate UK funding) and MaxStoreUK (led by British Geological Survey, commenced October 2025) for CO2 and hydrogen subsurface storage. Knowledge assets include the Knowledge Hub (150+ journal articles, 47+ reports, 29+ webinars, 21+ policy briefs), the Net Zero Industry Interactive Landscape visualisation tool, the Policy Hub, and the Frontiers Report Series. The Early Career Research Academy (ECRA) supports talent pipeline development.

IDRIC does not generate commercial revenue. Its funding model is grant-based: £20m+ from UKRI at launch (2021), £1m from EPSRC (March 2024), and £1m+ from Innovate UK for MaritimeTwin (2024). Research outputs, policy briefings, and knowledge resources are provided free to partners and the public. The customer base is effectively a stakeholder ecosystem — research institutions, government departments (DESNZ), energy-intensive industries (metals, chemicals, ceramics, glass, oil refining), and policy bodies — rather than paying customers. IDRIC's governance is structured around UKRI as the primary funder, with an Independent Advisory Board providing cross-cluster oversight.

Short descriptiontext

IDRIC is the UK government-funded research and innovation centre coordinating 246 partners across 46 research institutions and 7 industrial clusters to deliver multidisciplinary industrial decarbonisation research, policy, and knowledge exchange, hosted at Heriot-Watt University.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersEdinburgh, United Kingdom
HQ citystring
Edinburgh
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial decarbonisation research, carbon capture utilisation, hydrogen systems research, low carbon clusters, decarbonisation policy
NAICS code3 codes
  • Scientific Research and Development Services5417
  • Professional, Scientific, and Technical Services541
  • Other Scientific and Technical Consulting Services54169
SIC code1 code
  • Services-Management Consulting Services8742
Product category
Industrial Decarbonisation Research Services
Social media profiles3 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Research Funding
TypeLicensing Royalties
Description

IDRIC is funded by UK Research and Innovation (UKRI) through the Industrial Decarbonisation Challenge (IDC). The centre receives grants to conduct research, stakeholder engagement, and policy support for industrial decarbonisation. Additional funding of £1 million was received from EPSRC in 2024 to support research continuation.

idric.org
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

IDRIC is a UK research and innovation centre funded by UK Research and Innovation (UKRI) that coordinates multidisciplinary research on industrial decarbonisation. It delivers research projects, knowledge platforms, policy outputs, and stakeholder engagement programmes to support decarbonisation of UK industrial clusters. The centre operates nine Multidisciplinary Integrated Programmes covering CCUS, hydrogen, electrification, negative emission technologies, and policy frameworks.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 100 research projects delivered between 2021 and 2025
+3 more records
Product overview1 text field

IDRIC (Industrial Decarbonisation Research and Innovation Centre) is the UK's focal point for green transformation in industrial heartlands, funded by UKRI. Rather than a commercial product company, IDRIC operates as a research and innovation coordination hub delivering multidisciplinary solutions for industrial decarbonisation. Its portfolio includes research projects (100 projects across 9 Multidisciplinary Integrated Programmes), specialised projects (MaritimeTwin digital twin for maritime decarbonisation, MaxStoreUK for CO2/hydrogen geological storage), knowledge platforms (Knowledge Hub with 267+ resources, Policy Hub), visualisation tools (Net Zero Industry Interactive Landscape), career development (Early Career Research Academy), and strategic publications (Frontiers Report Series, Research and Innovation Agenda). The centre collaborates with industry, academia, government, and policymakers across 7 UK industrial clusters.

Product and service10 records
1MaritimeTwin
CategoryResearch project - maritime decarbonisation technology
Description

A digital twin and satellite technology solution for the maritime sector focused on vessel route optimisation and environmental impact assessment. It processes real-time environmental data including weather patterns, ocean currents, and port conditions, using machine-learning algorithms to balance operational efficiency with environmental impact, with the ability to continuously learn and offer more precision.

2MaxStoreUK
CategoryResearch project - subsurface storage
Description

A research project led by the British Geological Survey (BGS) investigating the UK's subsurface resource for storage of CO2 and hydrogen, building on six prior IDRIC research projects on geological storage.

3Knowledge Hub
CategoryKnowledge platform
Description

A comprehensive, fully-searchable hub curating outputs from all IDRIC projects including journal articles (150+), reports (47+), webinars/videos (29+), policy briefs (21+), and other resources across multiple research themes, providing accessible resources to stakeholders worldwide.

4Policy Hub
CategoryPolicy knowledge service
Description

A platform providing policy briefings, in-depth policy analysis from the IDRIC Policy Team and academic partners, policy prioritisation questionnaires, and monthly policy news updates to support evidence-based policy development.

5Net Zero Industry Interactive Landscape
CategoryVisualisation tool
Description

An interactive visualisation tool allowing users to explore IDRIC-funded research projects, their connections, and how they are driving innovation towards a sustainable industrial future, with newly added maritime features.

6Nine Multidisciplinary Integrated Programmes (MIPs)
CategoryResearch programme
Description

IDRIC's research programme grouped into nine MIPs addressing key challenges: System Planning (MIP1), Infrastructure (MIP2), Operating net zero clusters (MIP3), Scale up opportunities (MIP4), Energy vectors (MIP5), CCUS deployment (MIP6), Hydrogen systems (MIP7), Negative Emission Technologies (MIP8), and Policy/Knowledge Exchange/Skills (MIP9).

7Frontiers Report Series
CategoryResearch output / publication
Description

A series of reports synthesizing key findings from multiple IDRIC projects, providing comprehensive perspectives on specific aspects of industrial decarbonisation with evidence-based recommendations for stakeholders.

8Early Career Research Academy (ECRA)
CategoryCareer development programme
Description

A programme supporting early career researchers through training, funding opportunities, a Slack community, quarterly newsletter, and career coaching, designed and led by ECRs themselves.

9Research and Innovation Agenda for Net Zero Industries
CategoryStrategic publication
Description

A stakeholder-informed framework outlining key research and innovation priorities for UK net zero targets across technology, environment, society, and economy, with enablers and funding mechanisms.

10IDRIC Annual Conference
CategoryAnnual conference
Description

Annual conference bringing together industry, academia, and policymakers to discuss industrial decarbonisation. The 2026 conference was held on 7th May in Manchester with speakers from EET, Hydrogen UK, CCSA, and other organisations.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership13 partners
1CGI
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

CGI collaborated with IDRIC and Maritime UK on the MaritimeTwin project, developing an innovative digital twin solution for the maritime sector. The project received over £1 million in UK Government funding.

idric.org
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Maritime UK partnered with IDRIC and CGI on the MaritimeTwin project, developing digital twin and satellite technology solutions for maritime emissions reduction.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Heriot-Watt University is the host institution for IDRIC. Professor Mercedes Maroto-Valer serves as IDRIC Director while also Director of the Research Centre for Carbon Solutions (RCCS) at Heriot-Watt University.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

BGS leads the MaxStoreUK project investigating UK's subsurface storage resource for CO2 and hydrogen, building on six prior IDRIC research projects.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Swansea University is a key academic partner in IDRIC's research network, contributing to multidisciplinary research projects on industrial decarbonisation.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Imperial College London participates in IDRIC's research network, contributing expertise to the multidisciplinary approach to industrial decarbonisation.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

NECCUS is the alliance for industrial decarbonisation in Scotland, representing Scottish industrial decarbonisation interests within IDRIC's stakeholder network.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Hydrogen UK is the UK trade association for hydrogen, working with IDRIC on hydrogen deployment for industrial decarbonisation.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

CCSA works with IDRIC on carbon capture, utilisation and storage research and deployment strategies.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Glass Futures is a key industry partner contributing to research on decarbonising the glass sector.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Make UK represents UK manufacturing and works with IDRIC on industrial decarbonisation policy and implementation.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

Tata Steel is a major industrial partner contributing to research on steel sector decarbonisation pathways.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-01-01
Description

DESNZ is the government department responsible for industrial decarbonisation policy, working closely with IDRIC on policy development and implementation.

Recent move12 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight12 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global professional services consultancy with dedicated energy and climate transition practices serving industrial clients on decarbonisation strategy, CCUS, hydrogen, and infrastructure. Overlapping domain coverage with IDRIC's research areas but commercially structured with global delivery.

TypeDirect peer
Description

UKRI-funded research centre coordinating multidisciplinary energy research across UK universities. Most directly comparable peer — same UKRI funding model, same academic network structure, same policy-research integration mission, though with broader energy scope rather than industrial decarbonisation specifically.

TypeDirect peer
Description

Mission-driven organisation advising businesses, governments and organisations on decarbonisation and sustainability. Comparable as a coordinating body translating decarbonisation research into actionable programmes for industrial and commercial actors; more commercial in its service model than IDRIC.

TypeDirect peer
Description

UK innovation catapult focused on accelerating innovation in energy systems. Directly comparable as a publicly-funded UK innovation hub bridging research, industry and government; both serve as focal coordination bodies for UK clean-tech innovation ecosystems.

TypeBroad incumbent
Description

Global engineering and consulting firm with extensive energy transition, CCUS, hydrogen, and industrial decarbonisation practice. Comparable in the technology domains covered (CCUS, hydrogen, energy vectors) but much larger commercial consultancy with global client base across oil & gas, chemicals, and power.

TypeBroad incumbent
Description

Global engineering, management and development consultancy with significant energy transition and industrial decarbonisation practice. Overlaps with IDRIC's infrastructure (MIP2), CCUS (MIP6) and policy work, but operates commercially across many sectors globally rather than as a focused UK research centre.

TypeBroad incumbent
Description

Global engineering consultancy with established industrial decarbonisation, hydrogen, and CCUS practices serving automotive, energy, and industrial clients. Overlapping capability set with IDRIC's MIPs but operating as a commercial consultancy with global delivery, not a publicly-funded research hub.

TypeDirect peer
Description

UK's primary institute for electrochemical energy storage research, funded through UKRI's Faraday Battery Challenge. Closely comparable operational model — UKRI-funded research hub coordinating multi-university projects with industry partners to accelerate technology deployment in a specific industrial application area.

TypeDirect peer
Description

Multi-university UK climate change research centre producing interdisciplinary research for policy and industry. Comparable in its mission to deliver actionable climate science across technology, policy and economics; differs in scope (broader climate vs. industrial decarbonisation) and lack of explicit industrial-cluster focus.

TypeDirect peer
Description

Global sustainability consultancy advising major industrial clients on decarbonisation strategy, environmental compliance, and ESG transformation. Comparable in serving energy-intensive industries on decarbonisation pathways, though operating commercially rather than as a publicly-funded research hub.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

IDRIC

Industrial Decarbonisation Research Servicesidric.org

IDRIC is the UK government-funded research and innovation centre coordinating 246 partners across 46 research institutions and 7 industrial clusters to deliver multidisciplinary industrial decarbonisation research, policy, and knowledge exchange, hosted at Heriot-Watt University.

What IDRIC does

IDRIC (Industrial Decarbonisation Research and Innovation Centre) is a UK publicly funded research and innovation centre founded in 2021 and hosted at Heriot-Watt University in Edinburgh. It functions as the UK government's designated focal point for industrial decarbonisation research, operating within the £210m UKRI Industrial Decarbonisation Challenge (IDC). The centre coordinates a network of 246 partners spanning 46 research institutions, 7 UK industrial clusters (Scotland, Tees Valley, Black Country, South Wales, Northwest, Solent, and Humber), industry, government, and trade bodies. Its research is structured around nine Multidisciplinary Integrated Programmes (MIPs) covering CCUS, hydrogen systems, negative emission technologies, industrial heat, circular economy, electrification, and policy/knowledge exchange.

IDRIC's portfolio consists of research outputs and platforms rather than commercial products. It has delivered 100+ research projects between 2021 and 2025, including targeted initiatives such as the MaritimeTwin digital twin for shipping emissions (with CGI and Maritime UK, £1m+ Innovate UK funding) and MaxStoreUK (led by British Geological Survey, commenced October 2025) for CO2 and hydrogen subsurface storage. Knowledge assets include the Knowledge Hub (150+ journal articles, 47+ reports, 29+ webinars, 21+ policy briefs), the Net Zero Industry Interactive Landscape visualisation tool, the Policy Hub, and the Frontiers Report Series. The Early Career Research Academy (ECRA) supports talent pipeline development.

IDRIC does not generate commercial revenue. Its funding model is grant-based: £20m+ from UKRI at launch (2021), £1m from EPSRC (March 2024), and £1m+ from Innovate UK for MaritimeTwin (2024). Research outputs, policy briefings, and knowledge resources are provided free to partners and the public. The customer base is effectively a stakeholder ecosystem — research institutions, government departments (DESNZ), energy-intensive industries (metals, chemicals, ceramics, glass, oil refining), and policy bodies — rather than paying customers. IDRIC's governance is structured around UKRI as the primary funder, with an Independent Advisory Board providing cross-cluster oversight.

IDRIC firmographics

Firmographics
Name
IDRIC
Legal name
Industrial Decarbonisation Research and Innovation Centre (IDRIC)
Website
https://idric.org
Company type
Private
Founded year
2021
Operating status
Operating
Headcount range
251–500 employees
Short description
IDRIC is the UK government-funded research and innovation centre coordinating 246 partners across 46 research institutions and 7 industrial clusters to deliver multidisciplinary industrial decarbonisation research, policy, and knowledge exchange, hosted at Heriot-Watt University.
Ownership category
akta.pro rank

Where IDRIC is headquartered

Location

Headquarters

HQ city
Edinburgh
HQ country
United Kingdom
HQ region
Europe

Offices1 record

Markets served

IDRIC business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Research Funding: IDRIC is funded by UK Research and Innovation (UKRI) through the Industrial Decarbonisation Challenge (IDC). The centre receives grants to conduct research, stakeholder engagement, and policy support for industrial decarbonisation. Additional funding of £1 million was received from EPSRC in 2024 to support research continuation.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

IDRIC product offering

Product offering

Core offering

IDRIC is a UK research and innovation centre funded by UK Research and Innovation (UKRI) that coordinates multidisciplinary research on industrial decarbonisation. It delivers research projects, knowledge platforms, policy outputs, and stakeholder engagement programmes to support decarbonisation of UK industrial clusters. The centre operates nine Multidisciplinary Integrated Programmes covering CCUS, hydrogen, electrification, negative emission technologies, and policy frameworks.

Product overview

IDRIC (Industrial Decarbonisation Research and Innovation Centre) is the UK's focal point for green transformation in industrial heartlands, funded by UKRI. Rather than a commercial product company, IDRIC operates as a research and innovation coordination hub delivering multidisciplinary solutions for industrial decarbonisation. Its portfolio includes research projects (100 projects across 9 Multidisciplinary Integrated Programmes), specialised projects (MaritimeTwin digital twin for maritime decarbonisation, MaxStoreUK for CO2/hydrogen geological storage), knowledge platforms (Knowledge Hub with 267+ resources, Policy Hub), visualisation tools (Net Zero Industry Interactive Landscape), career development (Early Career Research Academy), and strategic publications (Frontiers Report Series, Research and Innovation Agenda). The centre collaborates with industry, academia, government, and policymakers across 7 UK industrial clusters.

Differentiator

Problem solved

Functional benefit

Products and services

  • MaritimeTwin A digital twin and satellite technology solution for the maritime sector focused on vessel route optimisation and environmental impact assessment. It processes real-time environmental data including weather patterns, ocean currents, and port conditions, using machine-learning algorithms to balance operational efficiency with environmental impact, with the ability to continuously learn and offer more precision.
  • MaxStoreUK A research project led by the British Geological Survey (BGS) investigating the UK's subsurface resource for storage of CO2 and hydrogen, building on six prior IDRIC research projects on geological storage.
  • Knowledge Hub A comprehensive, fully-searchable hub curating outputs from all IDRIC projects including journal articles (150+), reports (47+), webinars/videos (29+), policy briefs (21+), and other resources across multiple research themes, providing accessible resources to stakeholders worldwide.
  • Policy Hub A platform providing policy briefings, in-depth policy analysis from the IDRIC Policy Team and academic partners, policy prioritisation questionnaires, and monthly policy news updates to support evidence-based policy development.
  • Net Zero Industry Interactive Landscape An interactive visualisation tool allowing users to explore IDRIC-funded research projects, their connections, and how they are driving innovation towards a sustainable industrial future, with newly added maritime features.
  • Nine Multidisciplinary Integrated Programmes (MIPs) IDRIC's research programme grouped into nine MIPs addressing key challenges: System Planning (MIP1), Infrastructure (MIP2), Operating net zero clusters (MIP3), Scale up opportunities (MIP4), Energy vectors (MIP5), CCUS deployment (MIP6), Hydrogen systems (MIP7), Negative Emission Technologies (MIP8), and Policy/Knowledge Exchange/Skills (MIP9).
  • Frontiers Report Series A series of reports synthesizing key findings from multiple IDRIC projects, providing comprehensive perspectives on specific aspects of industrial decarbonisation with evidence-based recommendations for stakeholders.
  • Early Career Research Academy (ECRA) A programme supporting early career researchers through training, funding opportunities, a Slack community, quarterly newsletter, and career coaching, designed and led by ECRs themselves.
  • Research and Innovation Agenda for Net Zero Industries A stakeholder-informed framework outlining key research and innovation priorities for UK net zero targets across technology, environment, society, and economy, with enablers and funding mechanisms.
  • IDRIC Annual Conference Annual conference bringing together industry, academia, and policymakers to discuss industrial decarbonisation. The 2026 conference was held on 7th May in Manchester with speakers from EET, Hydrogen UK, CCSA, and other organisations.

Quantifiable outcome

  • 100 research projects delivered between 2021 and 2025
  • +3 more outcomes

Companies that use IDRIC

Customer profile

Named customers6 records

Segments4 records

Ideal customer profiles4 records

IDRIC technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

IDRIC partnerships and signals

Strategic signal

Partnerships

13 partnerships are on record, tiered core.

  • CGIcoreStrategic or Co-development Partner · 1 January 2024CGI collaborated with IDRIC and Maritime UK on the MaritimeTwin project, developing an innovative digital twin solution for the maritime sector. The project received over £1 million in UK Government funding.
  • Maritime UKcoreStrategic or Co-development Partner · 1 January 2024Maritime UK partnered with IDRIC and CGI on the MaritimeTwin project, developing digital twin and satellite technology solutions for maritime emissions reduction.
  • Heriot-Watt UniversitycoreStrategic or Co-development Partner · 1 January 2021Heriot-Watt University is the host institution for IDRIC. Professor Mercedes Maroto-Valer serves as IDRIC Director while also Director of the Research Centre for Carbon Solutions (RCCS) at Heriot-Watt University.
  • British Geological SurveycoreStrategic or Co-development Partner · 1 January 2021BGS leads the MaxStoreUK project investigating UK's subsurface storage resource for CO2 and hydrogen, building on six prior IDRIC research projects.
  • Swansea UniversitycoreStrategic or Co-development Partner · 1 January 2021Swansea University is a key academic partner in IDRIC's research network, contributing to multidisciplinary research projects on industrial decarbonisation.
  • Imperial College LondoncoreStrategic or Co-development Partner · 1 January 2021Imperial College London participates in IDRIC's research network, contributing expertise to the multidisciplinary approach to industrial decarbonisation.
  • NECCUScoreStrategic or Co-development Partner · 1 January 2021NECCUS is the alliance for industrial decarbonisation in Scotland, representing Scottish industrial decarbonisation interests within IDRIC's stakeholder network.
  • Hydrogen UKcoreStrategic or Co-development Partner · 1 January 2021Hydrogen UK is the UK trade association for hydrogen, working with IDRIC on hydrogen deployment for industrial decarbonisation.
  • Carbon Capture and Storage AssociationcoreStrategic or Co-development Partner · 1 January 2021CCSA works with IDRIC on carbon capture, utilisation and storage research and deployment strategies.
  • Glass Futures LtdcoreStrategic or Co-development Partner · 1 January 2021Glass Futures is a key industry partner contributing to research on decarbonising the glass sector.
  • Make UKcoreStrategic or Co-development Partner · 1 January 2021Make UK represents UK manufacturing and works with IDRIC on industrial decarbonisation policy and implementation.
  • Tata SteelcoreStrategic or Co-development Partner · 1 January 2021Tata Steel is a major industrial partner contributing to research on steel sector decarbonisation pathways.
  • Department for Energy Security and Net Zero (DESNZ)coreStrategic or Co-development Partner · 1 January 2021DESNZ is the government department responsible for industrial decarbonisation policy, working closely with IDRIC on policy development and implementation.

Scale indicators6 records

Recent moves12 records

Expansion highlights12 records

IDRIC competitors and assessment

Company assessment

Broad incumbents

  • WSP: Global professional services consultancy with dedicated energy and climate transition practices serving industrial clients on decarbonisation strategy, CCUS, hydrogen, and infrastructure. Overlapping domain coverage with IDRIC's research areas but commercially structured with global delivery.
  • Wood plc: Global engineering and consulting firm with extensive energy transition, CCUS, hydrogen, and industrial decarbonisation practice. Comparable in the technology domains covered (CCUS, hydrogen, energy vectors) but much larger commercial consultancy with global client base across oil & gas, chemicals, and power.
  • Mott MacDonald: Global engineering, management and development consultancy with significant energy transition and industrial decarbonisation practice. Overlaps with IDRIC's infrastructure (MIP2), CCUS (MIP6) and policy work, but operates commercially across many sectors globally rather than as a focused UK research centre.
  • Ricardo plc: Global engineering consultancy with established industrial decarbonisation, hydrogen, and CCUS practices serving automotive, energy, and industrial clients. Overlapping capability set with IDRIC's MIPs but operating as a commercial consultancy with global delivery, not a publicly-funded research hub.

Direct peers

  • UK Energy Research Centre (UKERC): UKRI-funded research centre coordinating multidisciplinary energy research across UK universities. Most directly comparable peer — same UKRI funding model, same academic network structure, same policy-research integration mission, though with broader energy scope rather than industrial decarbonisation specifically.
  • Carbon Trust: Mission-driven organisation advising businesses, governments and organisations on decarbonisation and sustainability. Comparable as a coordinating body translating decarbonisation research into actionable programmes for industrial and commercial actors; more commercial in its service model than IDRIC.
  • Energy Systems Catapult: UK innovation catapult focused on accelerating innovation in energy systems. Directly comparable as a publicly-funded UK innovation hub bridging research, industry and government; both serve as focal coordination bodies for UK clean-tech innovation ecosystems.
  • Faraday Institution: UK's primary institute for electrochemical energy storage research, funded through UKRI's Faraday Battery Challenge. Closely comparable operational model — UKRI-funded research hub coordinating multi-university projects with industry partners to accelerate technology deployment in a specific industrial application area.
  • Tyndall Centre for Climate Change Research: Multi-university UK climate change research centre producing interdisciplinary research for policy and industry. Comparable in its mission to deliver actionable climate science across technology, policy and economics; differs in scope (broader climate vs. industrial decarbonisation) and lack of explicit industrial-cluster focus.
  • ERM (Environmental Resources Management): Global sustainability consultancy advising major industrial clients on decarbonisation strategy, environmental compliance, and ESG transformation. Comparable in serving energy-intensive industries on decarbonisation pathways, though operating commercially rather than as a publicly-funded research hub.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

IDRIC social profiles

Digital presence

IDRIC financial estimates

Financial estimate

Revenue estimate

Valuation estimate

IDRIC leadership team

Management profile

Number of profiles

Profiles13 records

IDRIC funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

IDRIC M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IDRIC

What does IDRIC do?

IDRIC is a UK research and innovation centre funded by UK Research and Innovation (UKRI) that coordinates multidisciplinary research on industrial decarbonisation. It delivers research projects, knowledge platforms, policy outputs, and stakeholder engagement programmes to support decarbonisation of UK industrial clusters. The centre operates nine Multidisciplinary Integrated Programmes covering CCUS, hydrogen, electrification, negative emission technologies, and policy frameworks.

Is IDRIC a public or private company?

IDRIC is a private company. It is classified as state government owned and is currently operating.

When was IDRIC founded?

IDRIC was founded in 2021. It employs 251 to 500 people.

Where is IDRIC based?

IDRIC is headquartered in Edinburgh, United Kingdom, in the Europe region.

How does IDRIC make money?

One revenue line is on record: research Funding.

Who are IDRIC's main competitors?

Broad incumbents on record are WSP, Wood plc, Mott MacDonald and Ricardo plc. Direct peers are UK Energy Research Centre (UKERC), Carbon Trust, Energy Systems Catapult, Faraday Institution, Tyndall Centre for Climate Change Research and ERM (Environmental Resources Management).

Does IDRIC have an API?

No public API is recorded for IDRIC.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals