23 January 2018
The Faraday Institution, based at the Harwell Science and Innovation Campus in Oxfordshire, has today announced up to £42 million in new government funding to four UK-based consortia to conduct application-inspired research aimed at overcoming battery challenges to accelerate the electric vehicle (EV) revolution.
A team from STFC will be involved in one of the projects on recycling lithium batteries.
If successful these four new research projects will put the UK on the map as being at the forefront of battery technology worldwide. It has the potential to radically increase the speed with which we are able to make the move to electric vehicles, as well as the speed with which we can decarbonize our energy supply, with obvious benefits to the environment.
Business Minister Richard Harrington said, “Government investment, through the Faraday Institution, in the projects announced today will deliver valuable research that will help us seize the economic opportunities presented by battery technology and our transition to a low-carbon economy.”
The topics for the four projects were chosen in consultation with industry, who will partner closely with each of them. This unique collaboration will help to ensure that the research is producing findings and solutions that meet the needs of business. In addition, industrial partners will contribute a total of £4.6 million in in-kind support to the following four projects:
The Faraday Institution is the UK's independent, national institute for electrochemical energy storage science and technology, supporting research, training, and analysis. Bringing together expertise from universities and industry, The Faraday Institution endeavours to make the UK the go-to place for the research of the development, manufacture and production of new electrical storage technologies for both the automotive and the wider relevant sectors.
The 'Faraday Battery Challenge' is to develop and manufacture batteries for the electrification of vehicles - £246 million over four years - to help UK businesses seize the opportunities presented by the move to a low-carbon economy. The challenge will be split into three elements: research, innovation, and scale-up. It is among the first of six investment areas announced by the government to be funded through the Industrial Strategy Challenge Fund.