The government has announced a £65mn investment in future technologies including high-performance batteries for electric vehicles (EVs) and robotics for nuclear power stations and wind turbines.
On 10 September, it confirmed the funds would be made available through the Industrial Strategy Challenge Fund, which had been extended to help develop solutions to some of the biggest global challenges, including climate change. The majority of the investment (£44mn) will be used to develop the next generation of high-performance batteries for EVs and wind turbines, which could also be used for new technologies such as electric aeroplanes. It will also be used to complete a first-of-its-kind UK Battery Industrialisation Centre in Coventry, creating 100 high-skilled jobs.
Elsewhere, £15mn will be used to enable universities, research organisations and businesses to build robots that can inspect, maintain and repair nuclear power stations, satellites and wind turbines.
Challenge Director of the Faraday Battery Challenge, Tony Harper said: “In order for batteries to play their full environmental and economic role in achieving Net Zero we need to deploy at scale and build supply chains for today’s technology, shift from strong potential to commercial dominance in a new generation of batteries and continue to build world-class scientific capability to sustain us into the future.”