Oct 22nd 2012
£20mn up for grabs for energy storage innovation
The Department of Energy and Climate Change (DECC) launched two competitions to develop new energy storage solutions on Friday 19 October. DECC argued an "injection of cash" was needed to spur private sector investment. A £17mn scheme offers organisations the opportunity to secure contracts to design and test energy storage technologies currently in the early stages of development. It will run in two stages--with the first offering up to £40,000 for project designs--and applications must be submitted by 13 December. The second competition, worth £3mn, is inviting bids for grants to improve components or materials used for energy storage systems, or to develop feasibility studies to explore how systems can be used in the UK. There are two application windows, with the first closing on 13 December.
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