26 Jul '17, 5pm

UK Sets Course for a Battery-Based Energy Future, Pouring Millions of Pounds Into Storage

The U.K. is putting battery storage at the center of a distributed electricity system vision unveiled this week. Business and Energy Secretary Greg Clark announced a GBP £246 million (USD $321 million) funding package for battery research and development alongside a plan to increase smart energy technology penetration in homes and businesses. Ministers also announced a ban on new petrol and diesel vehicles from 2040, along with £255 million ($332 million) in financing to fight air pollution. One of the key objectives is to make the U.K. a world leader in battery design and manufacturing, the government said. “Batteries will form a cornerstone of a low-carbon economy, whether in cars, aircraft, consumer electronics, district or grid storage,” said Professor Philip Nelson, Chief Executive of the Engineering and Physical Sciences Research Council, in a press release. Funding ...

Full article: https://www.greentechmedia.com/articles/read/uk-sets-cour...

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