The Power, Electronic, Machines and Drives industry is full of acronyms. Here’s a handy guide below on some of the various terms used within the sector.
| Term | Description |
| APC | Advanced Propulsion Centre |
| ATI | Aerospace Technology Institute |
| BEIS | Department for Business Energy and Industrial Strategy |
| Capability Mapping | Database of DER-IC network partner Academic (research) and Academic/RTO (Industrialisation) capability |
| Co-Investment Leverage | Set of financial forecasting and reporting data to reflect DER-IC project investments, contributions and PEMD industry impact |
| CRM | Customer Relationship Management software |
| CSA | Compound Semiconductor Application |
| DER | Driving the Electric Revolution |
| DER CD | Driving the Electric Revolution Challenge Director |
| DER MO | Driving the Electric Revolution Monitoring Officer |
| DER Challenge | DER Challenge programme |
| DER-IC | DER Industrialisation Centres |
| DER-IC BDMs | DER-IC Business Development Managers |
| DER-IC Brand | Distinct DER-IC branding, not DER Challenge branding |
| DER-IC COOs | DER-IC Chief Operating Officers |
| DER-IC Delivery Team | DER-IC Leadership Team and Business Development Managers responsible for day-to-day delivery of DER-IC project |
| DER-IC Leadership Team | DER-IC Chief Operating Officers responsible for management of the regional DER-IC centres |
| DER-IC Network | All 35 academic and RTO DER-IC project partners |
| DER-IC project | 4 Industrialisation centres and their grant funded equipment |
| DER-IC Project Manager | Newcastle University employed project manager to monitor delivery of the DER-IC project and report progress to the DER MO. |
| DER-IC SPOC | DER-IC Single Point of Contact with the DER CD |
| DIT | Department for International Trade |
| ER | Application for DER-IC equipment grant funding |
| Equipment Utilisation | Equipment project allocation measured and reported quarterly |
| FCDO | Foreign, Commonwealth and Development Office |
| GDPR | General Data Protection Regulation |
| GFA | Innovate UK – Newcastle University Grant Funding Agreement |
| Induced or Aligned funding | Industry investment in own production facilities as a result of a DER-IC Project |
| ISCF | Industrial Strategy Challenge Fund |
| KPI | Key Performance Indicators |
| KTN | Knowledge Transfer Network |
| Milestones | Critical events in the delivery plan that are contractual |
| MW-scale | High power PEMD |
| NMIS | National Manufacturing Institute Scotland |
| OEM | Original Equipment Manufacturer |
| Operational phase | April ’24 to March ’30 |
| PEMD | Power Electronics, Machines and Drives |
| Project phase | April ’20 to March ’24 |
| Project Income | Investment by DER-IC network partner in PEMD capability post DER-IC equipment operational date |
| RTO | Research & Technology Organisation (e.g. Catapults) |
| Signposting | Directing industry to most relevant DER-IC network partner capability |
| Sovereign | National |
| UKRI | UK Research and Innovation |
| WBG | Wide Band Gap semiconductors including but not limited to Silicon Carbide & Gallium Nitride |
| WMG | Warwick Manufacturing Group |