Four projects have been awarded £42 million (US$59.6 million) of UK government money between them to conduct research aimed at overcoming battery challenges, mainly focused on electric vehicles.
In the UK, a new, quarter of a billion-pound innovation competition for batteries has been launched, while plans for overhaul of the energy sector promising a “determined, joined-up, far-sighted and deliberate approach from government” appear to have been met with relish by the industry. Consultant Robert Ede goes beyond headlines to look at what this might really mean in practical terms.
British government minister Greg Clark today unveiled the first phase of a £246 million (US$320 million) investment in battery technology with the launch of the Faraday Challenge, designed to boost research and development and position the UK at the forefront of energy storage.