£65m Faraday Battery Institute to boost smart energy agenda

A state-of-the-art research institute has launched at Harwell aimed at overcoming technological barriers to new battery storage and ensuring scale-up as the smart grid develops

The new Faraday Battery Institute aims to catalyse development and roll-out of crucial storage technologies. Photograph: UK Power Networks

A flagship battery research institute aimed at pioneering technology vital to renewable energy and the smart grid is to launch with £65m government funding and a consortium of seven universities as founding partners.

The Faraday Battery Institute funding comes from the Industrial Strategy Challenge Fund via the Engineering and Physical Sciences Research Council (EPSRC). It is part of the government’s £246m investment in battery technology over four years in the Faraday Research Challenge announced in April covering research, innovation and scale-up.

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