UK Funds Long-Duration Energy Storage
The UK government has launched a $38,2 million (£28 million programme) to support the development of ultra-long-duration energy storage.
The Ultra-Long Duration Energy Storage Challenge, announced on 20 August, will fund technologies capable of storing and supplying clean electricity for 100 hours or more.
The programme will focus on two areas: advanced batteries and underground hydrogen storage. UK Research and Innovation (UKRI) is also offering up to $3,5 million (£3 million) for studies aimed at developing electrochemical storage technologies.
The government said longer-duration storage could reduce reliance on gas-fired generation, strengthen energy security and help limit exposure to energy price volatility.
It estimates that underground hydrogen storage could reduce UK energy system costs by $19.11 billion to $68.24 billion (£14 billion to £50 billion) between 2035 and 2050.
The initiative forms part of the wider $139,2 million (£102 million) Clean Energy Challenges programme.
Source: gov.uk
