2022/23 Annual Report

Front cover of 2022/3 annual report. Powering Britain's Battery Revolution. Images of scientific research results, battery modules, the FI conference, Echion's lab, wind turbines and an EV charging

Download the Faraday Institution’s 2022/2023 Annual Report.

Learn more about how the organisation is:

Driving discovery in application-inspired research

  • 10 large-scale research projects
  • 777 high quality scientific publications

Convening a world-class research community

  • 500+ battery researchers working across 27 universities

Empowering industry through early-stage commercialisation

  • 122 industrial partners
  • 11 spin-out companies
  • 40 inventions identified

Informing policy makers through evidence-based insights

  • 18 Faraday Insights
  • 12 national consultations

Creating a diverse and dynamic pool of talent

  • 85 PhD researchers in a bespoke training programme
  • 258 undergraduate interns

“The Faraday Institution continues to lead for the UK in identifying and investing in the most promising and impactful battery research initiatives. Building upon the sound platform that it has established, it convenes the battery research community to go from strength to strength. Our focussed portfolio of research, analysis, skills, and commercialisation activities will ensure that the UK can fully seize its potential to maximise the societal, environmental, and economic impacts that energy storage brings, while also cultivating a sovereign capability.”

Professor Pam Thomas FInstP, CPhys

Chief Executive Officer


“A growing success story for the UK, the Faraday Institution harnesses the nation’s strengths in energy storage science research and innovation. In an international landscape dominated by the race for advanced battery technologies, the UK is taking a central role in advancing the technology, propelled by the efforts of the Faraday Institution team and its robust community of 500 researchers.”

Professor Peter B. Littlewood FRS

Chair, Faraday Institution

Download Part I of the Annual Report (Spreads, Single pages)

Executive Summary (Spreads, Single pages)

Talent Development (Spreads, Single pages)

Part II of the 2022/23 Annual report: Trustees and strategic report and Statement of financial activities (including income and expenditure account) can be downloaded here (Spreads, Single pages).