Global Trade Alert
Global Trade Alert

United Kingdom: UK government announces funding for a vanadium flow battery project

Announcement

12 Apr 2023

In April 2023, the UK government announced funding to Invinity Energy Systems for their energy storage project titled “Vanadium Flow Battery Longer Duration Energy Asset Demonstrator (VFB LEAD)”.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Apr 2023

Revocation date:

No revocation date

Updated: 12 Apr 2023
Financial grant In force

On 12 April 2023, the Department for Energy Security and Net Zero of the United Kingdom announced awarding Invinity Energy Systems GBP 11 million (USD 13.7 million) to develop and manufacture a Van...

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