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Two UK companies lead innovation in energy storage with £8m boost

In light of the UK’s insistent pursuit of shale gas extraction and a questionable lack of funding for renewable energy development, it’s welcoming to hear some good news come from energy minister Greg Barker. Today, he announced that two leading energy storage companies had been given a grant of £8 million as part of the DECC’s ‘innovation competition’ to further research and development in the field. So how do the companies plan on using the funding?

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