Energy Storage Funding Initiative
The Federal Ministries of Economics and Technology, for the Environment, Nature Conservation and Nuclear Safety, and of Education and Research have launched a joint initiative to promote research and development in the field of energy storage technologies. Part of the 6th Energy Research Programme, the Energy Storage Funding Initiative will make EUR 200 million available to research projects to develop a broad range of storage technologies for electricity, heat and other forms of energy. A first project selection phase has already taken place. A second selection round is scheduled for 2012.