€500m R&D cash boost awaits EU battery projects

€500m R&D cash boost awaits EU battery projects

€500m R&D cash boost awaits EU battery projects 1008 948 Energy Storage Journal

June 30, 2023: Battery developers are being urged to make bids for millions of euros in financial support still up for grabs in Europe.

Wouter Ijzermans, executive director at the Battery European Partnership (BEPA), gave details of around €500 million ($547 million) in potential aid still available from the EU’s Horizon Europe R&D program during the International Flow Battery Forum in Prague on June 27.

BEPA works in tandem with BATT4EU — a program established under Horizon.

Ijzermans said nearly €1 billion had originally been earmarked in funds under Horizon, of which €503 million had been allocated to date. Of the remainder, €21 million has been set aside specifically for non-lithium sustainable batteries for stationary storage with European supply chains.

Ijzermans said the funding could potentially be an opportunity for development of flow batteries.

 Applicants for the non-lithium battery chemistry funding have until April 18, 2024 to apply.