The £3m grant from UK aid is also funding an internationally focussed top up to the Faraday Institution’s existing NEXGENNA project, led by the University of St. Andrews. NEXGENNA aims to deliver a step-change in sodium-ion battery technology that will deliver high performance, cost-competitive, safe and long-lasting batteries. This battery chemistry has the potential to be the preferred energy storage solution in applications where a low price is more important than battery size and weight. As such, this technology is a leading prospect for widespread deployment for stationary storage applications in emerging economies.
“While the Faraday Institution was previously focused on the automotive sector to meet the Government’s Road to Zero commitments, the projects to be funded by DfID are an additional step in our quest to break down the fundamental scientific barriers that hinder the commercial realisation of battery technologies for other applications – for static storage and grid applications – and beyond, to aero, rail and marine,” Ian Ellerington continues. “The knowledge that is being developed as part of the Faraday Battery Challenge will be leveraged and applied to technologies suitable for deployment in emerging economies.”