Our society has great aspirations for the future. As progress accelerates in every area of our lives, so does the energy system – the very underpinning of our economy – transition as well. However, an energy future shaped by evolving innovation cannot be not be realized while relying on a grid that is fundamentally no longer fit-for-purpose. On March 28 we introduced our vision for the energy system of the future to the American people. Watch our videos of the event here.
The first article for this series discussed what productivity is and why it is important. This writing will delve into how individuals, companies and governments can influence measured productivity.
Last week, Founder and Chief Technology Officer Matthew Williams travelled to the University of Manchester to award the first ever Faraday Grid Prize for Research for Industry. This prize recognises rigorous academic research with strong industrial applicability. It is also a great example of Faraday’s drive to enable collaboration among the academic and private sector thereby catalysing societal progress. Read Matthew’s article below to find out why he believes collaboration is a key pillar for building future prosperity.
The Faraday Grid is thrilled to announce the deployment of its revolutionary technology in London, one of the world’s most sophisticated electricity networks. The agreement will see the world’s first Faraday Grid utilised in a live network from early 2019 in partnership with the UK’s most innovative distribution network operator UK Power Networks, which characterised Faraday’s technology as ‘transformational.’ As the Faraday Grid expands through the rest of the UK and beyond, it promises to unlock new frontiers in innovation and underpin the sustainable welfare of generations to come.