Decc announces £20m innovation funding for electricity storage projects

The Department of Energy and Climate Change (Decc) has unveiled two new competitions for £20 million in funding for “technology innovators” to boost developments in grid-scale batteries and other components of electricity storage.

Decc will open its Energy Storage Technology Demonstration Competition “in the next few weeks”. It will comprise one competition for large-scale storage demonstration projects and another for research and feasibility studies into storage systems and their components. A Decc spokesperson said it had yet to confirm the split of the £20 million funding between the two competitions. Decc anticipates the first projects will be underway early in 2013.

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