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Our Innovation Pipeline

STRATEGIC REPORT

Responding to market trends Innovation sits at the heart of Lucy Group’s strategy. It is not confined to R&D labs or product lines – it’s embedded in our approach to solving real-world challenges in energy, infrastructure and housing. We believe innovation is only meaningful when it delivers measurable progress: lower emissions, more resilient grids, safer cities and homes that work better for people and the planet. That’s why we invest in future-ready design, digital transformation and intelligent systems across all businesses.

Lucy Electric Smart Grids, Powered by AI

Lucy Controls Lighting the Cities of Tomorrow

Lucy Real Estate Homes for a Changing World

Whether it’s SF6-free switchgear supporting net zero utilities, IoT platforms that give cities control over their infrastructure, or homes that exceed biodiversity and energy standards, Lucy innovation turns purpose into impact. We’re proud of the products we launch – and even more excited about those in the pipeline.

Our strategic innovation themes

Current capabilities Digital monitoring of grid assets with GridKey + Synaps. In progress Substation automation, the application of AI fault detection, and other grid-edge technologies.

Current capabilities Flashnet and Lucy Zodion transitioned to a common smart city technology platform. In progress

Current capabilities Biodiversity-positive, EPC A/B homes across Oxfordshire. In progress Modular construction trial and delivery of larger-scale projects with social housing quota.

Grid hardware that’s future proof and net zero-ready

Read more on pages 30 to 39 .

Electrification

AI interface tool, predictive maintenance, and anomaly detection.

Low-carbon materials, circular design and impact transparency

Read more on pages 66 to 79 .

Sustainability

Smart Infrastructure

IoT, AI, and cloud platforms for utilities and cities

Read more on pages 40 to 47 .

Our impact

Resilient Housing Biodiversity net gain, EPC A/B standards, smart metering

Read more on pages 48 to 55 .

24.6% reduction in carbon intensity since 2021, driven by product and process upgrades.

All RMUs launched post-2024 are SF6 free, reducing global warming impact.

Flashnet-enabled cities save up to 40% on energy via intelligent lighting systems.

56 biodiversity projects completed across real estate developments.

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Lucy Group Ltd Annual Report & Accounts 2025

LUCYGROUP.COM

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