More funding for energy storage

Five energy storage projects across the UK will benefit from a share of over £32.9m Government funding.

The projects based across the UK will benefit from the second phase of the Longer Duration Energy Storage (LODES) competition, to develop technologies that can store energy as heat, electricity or as a low-carbon energy carrier like hydrogen.

Minister for Climate Graham Stuart said: “Accelerating renewables is key to boosting our energy resilience. Energy storage helps us get the full benefit of these renewables, improving efficiency and helping drive down costs in the long term.”

The funding follows the first phase of the LODES competition, which saw £2.7m awarded to 19 projects. This second phase provides further funding to the most promising projects from Phase 1, enabling them to build prototypes and demonstrators to bring their projects to life.

The LODES competition provides Government backing to accelerate the development and commercialisation of innovative energy storage technologies, in turn supporting the UK’s transition to relying on renewables, while also encouraging private investment and new green jobs – with an estimated 100 jobs supported through these projects.

Energy storage projects which received funding include single liquid flow battery (SLIQ) technology, advanced thermal storage systems (heat batteries), modular thermal energy storage systems, a ‘High-Density Hydro’ pumped energy storage system and a hydrogen storage demonstrator utilising depleted uranium at UKAEA’s Culham Science Centre in Abingdon, Oxfordshire.

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