United Kingdom bets £246 million on batteries

Electric car logo

Business and Energy Secretary Greg Clark will today announce in a keynote speech on the industrial strategy the launch of the first phase of a £240m government investment into battery technology to ensure the United Kingdom builds on its strengths and leads the world in the design, development and manufacture of electric batteries.

The competitions involved in the Faraday Challenge will be split into three sections - research, innovation and scale-up - all of which are designed to create a change in converting the UK's leading research into technology the market can use, to make sure the United Kingdom has economic success.

Talking about the investment, Clark is expected to say today: "The work that we do through the Faraday Challenge will - quite literally - power the automotive and energy revolution where, already, the United Kingdom is leading the world". I want to thank all of the organisations across the United Kingdom for the formidable response to the consultation that we have undertaken on our green paper "Building our Industrial Strategy".

Business Secretary Greg Clark announced the launch of the 4-year investment round, Faraday Challenge which is aimed at enhancing expertise in battery technology in the UK.

Battery technology needs a spark of life to improve its storage while reducing the costs, and the United Kingdom government thinks the best way to do that is to slap some cash on the table to spur competition in the sector-where it now lags behind the likes of countries such as Japan and companies such as Tesla.

The Faraday Challenge will be delivered through a series of competitions and will focus on the research, innovation, and scale-up of battery technology.

Greg Clark says an overarching Faraday Challenge Advisory Board will be established to ensure the coherence and impact of the challenge, chaired by Professor Richard Parry-Jones, a senior engineering leader with many decades of senior automotive industry experience and recently chaired the UK Automotive Council for six years.

UN Security Council to Meet Over Jerusalem Violence
By contrast, the Red Crescent reported at least 450 Palestinians were wounded in the demonstrations, almost half from tear gas. Muslims around the world said the new measures aim to change the status quo - a delicate balance of prayer and visiting rights.

Wonder Woman 2 confirmed by makers. Will Gal Gadot reprise her role?
Over on Al Jazeera, writer Susan Abulhawa has presented a well-considered case as to why Wonder Woman isn't a feminist film . Her performance as Imperator Furiosa in Mad Max: Fury Road showed that she is more than capable of playing a fierce warrior.

Police find 8 dead in Walmart parking lot, 17 in critical condition
Officers arrived at about 12:30 a.m.to find eight people deceased and dozens of others suffering from heat stroke or dehydration. A store employee became suspicious after someone got out of the trailer begging for water late Saturday night.

The competition is one of the first concrete moves to be confirmed as part of the government's flagship Industrial Strategy.

Advocates of the technology predict increased storage capacity will enable the wider use of intermittent renewable energy technologies, such as wind turbines and solar panels even when the wind is not blowing and the sun is not shining.

The Government has revealed plans to invest heavily in developing state-of-the-art batteries for electric vehicles. "It's not that we want - or need - people to work longer hours", he will say.

The advanced technologies will eventually power cars, aircraft, consumer electronics and will store electricity from the grid.

Continued advancements in battery power, including rapidly falling costs, are widely viewed as crucial for rolling out energy storage on a mass scale.

Dr Jenifer Baxter, head of energy and environment at IMechE, welcomed today's Government and Ofgem report on smart power.

Related:

Comments

Latest news

Would safeguard China's sovereignty whatever the cost: PLA threatens India
India responded to the call by sending troops last month to evict the Chinese army construction party from the Doklam Plateau. India and China have been involved in a dispute in the Doklam region along the Sikkim border for over a month now.

Spieth The Open favorite after seizing share of lead in Round 1
I like the golf course, it's very cool. "I hit it low off the heel, which is easy to do when you're trying to carve a cut". The key to his round came in the middle, starting with a 10-foot par putt on No. 8 after he drove into a pot bunker.

Cruz's 10th-inning single lifts Mariners past Yankees 6-5
It was a vintage performance by Hernandez, all the way down to the lack of run support — a staple of his career with the Mariners. Rookie starter Trevor Williams (4-4) overcame a rough first to pitch 62/3 solid innings for his first win in more than a month.

Usher Sued for $10 Million for Allegedly Exposing a Woman to Herpes
She is seeking compensation for Usher's alleged negligence and battery and for the emotional distress the situation caused her. The unidentified woman said she started suffering from fevers and vaginal sores before she was diagnosed with the infection.

Kuchar aiming to come of age at British Open
It could be ominous, then, that the first round of the event's 146th staging was dominated by three of Uncle Sam's boys. The 27-year-old was four under par through 13 holes before dropping a shot at the 16th.

Wenger: No substance to fresh Sanchez PSG rumours
Arsène Wenger reiterated his belief that the club had no option but to keep the striker, while on tour in Australia and China. They're expected to open the bidding at €45m (£40.3m).

To Help Reduce Mosquito Population, Scientists Are Unleashing 20 Million Of Them
Aptly named Debug Fresno , the project will be executed by Verily, a subsidiary of Alphabet, which is Google's holding company. While these diseases are not a current threat to people in California, it is predicted that they will be in the future.

Reliance, Wipro buoy markets
The BSE 30-share Sensex started settled up 124.49 points, or 0.39 per cent, at 32,028.89. European equity markets were trading higher in early afternoon trade.

Miller gets clowned by Thomas as Grace shoots 62
It has to do with it was someone else's day, and I didn't play as well as I should have. And just last month, Justin Thomas finished with a 63 in round three of the U.S.

Duterte has martial law in southern Philippines extended
Lorenzana said there is a continued presence of terrorists allied with IS militants, especially in the provinces of Basilan, Sulu, Maguindanao and the Central Mindanao region.

US Amazon investigation probes misleading price discounts
The FTC declined comment and it's not yet clear if the agency would open a formal probe into the allegations. Consumer Watchdog said the before-sale prices were the most misleading type of reference price used.

Audi will recall 850000 diesel cars concerning update of emissions software
It didn't elaborate on a possible follow-up probe on auto technology, saying it can't comment on ongoing investigations. German carmaker Audi is offering a free software upgrade for 850,000 diesel cars in order to improve emissions.

9-Year-Old Kid Trips And Falls Into Major Fossil Find
This may be only the second complete skull found in New Mexico ". "It really has to be done with great care and know-how". It was found in Las Cruces , New Mexico right on the outskirts of Jude Sparks' neighborhood.

Donald Trump At White House Event, Glass Manufacturing Back To US
President Donald Trump invited companies from all across America to the White House to participate in " Made in America Week". Eventually, Corning could invest up to $4 billion and hire up to 4,000 new employees, it said Thursday.

Amazon Alexa is finally coming to Android
The message, which can be read in its entirety below, stated that Alexa was now available through the application. Why would Amazon want Graphiq? The Alexa feature is still not live as of yet to all Android users yet.

Other news