UK Government Plows Another £45 Million into Energy Storage
The Engineering and Physical Research Council, the main UK government agency for funding research and training in engineering and the physical sciences, will spend close to £50 million in driving and reinforcing innovation in the field of energy storage. The announcements follows the call for proposals issued by the agency. Energy storage is regarded as one of the “great technologies” with high growth potential in the UK market. EPSRC has pledged £30 million, while another £15 million will come from higher institutions and industry players.
Chief executive of EPSRC David Delpy said that the funding will “build capability in areas that are vital for the country and where exciting research is already being carried out … [such as] developing news ways to storing energy.” Minister for Science David Willetts added that “the capital investment will help … make new discoveries and take [the] research through to commercial success.”
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