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Altelium welcomes £92 million investment

We stand at the edge of transformation in our energy system and this investment will support that change. Just as the communications industry has been transformed within a generation, from the first land lines at a household level to mobile phones and internet for all in a lifetime, we will see the same degree of transformation to our energy industry. 
  
From Altelium’s success in renewable energy and applied battery data – itself the result of an Innovate UK grant win – we know that practical solutions can be developed quickly with the right support. 
  
Lithium-ion battery storage though BESS is already working effectively and efficiently, and will transform local community and small-scale commercial energy creation, storage and application.  Hydrogen technology coupled with wind and wave energy has the capacity to deliver change on a national scale, with the potential it offers to store energy for longer periods of time or transport it across greater distances. 
  
We welcome this investment and the focus it gives on areas where the opportunity for change and benefit for the good of all is greatest.