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

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June 30, 2023: Battery builders are inspired to make bids for the hundreds of thousands of euros in monetary help nonetheless up for grabs in Europe.

Wouter Ijzermans, govt director of the Battery European Partnership (BEPA), gave particulars of round €500 million ($547 million) in potential assist nonetheless obtainable from the EU’s Horizon Europe R&D program through the Worldwide Stream Battery Discussion board in Prague on June 27.

BEPA works with BATT4EU – a program established underneath Horizon.

Ijzermans stated that round €1 billion was initially earmarked in funds underneath Horizon, of which €503 million has been allotted up to now. Of the remainder, €21 million is allotted for non-lithium sustainable batteries for stationary storage with European provide chains.

Ijzermans stated the funding could possibly be a possibility for the event of circulation batteries.

Candidates for non-lithium battery chemistry funding have till April 18, 2024 to use.



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