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The Department of Energy and Climate Change (Decc) is offering £20million in grants to fund energy storage innovation.
The money is being split between two competitions, with £17million being offered to organisations to design and test energy storage technologies that are currently in the early stage of development.
The first stage will grant up to £40,000 for project designs, with a deadline of 13 December 2012. Successful projects will then be invited to the second stage where up to £12million will be made available to help them test their designs. Decc expects to fund up to 10 project designs and up to three demonstrations.
The remaining £3million of funding will be used to improve components or materials used for energy storage systems or to develop feasibility studies.
There are two opportunities to apply for the grant, with the first deadline closing at noon on 13 December 2012, and the second at noon on 27 March 2013.
Energy and Climate Change minister Greg barker said: “As we move towards a low carbon future, the ability to store energy when we don’t need it, for times when we do will become even more important, helping us to balance our electricity network and use more clean green power.
“This investment will help boost innovation in this area and bring more technologies into this growing market.”
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