The European Commission approved the €86.6 million fund from the French state's "Investissements d'avenir" program to support the research oriented Institut pour la Transition Energétique (ITE) 'SuperGrid Institute'.

Initiated and coordinated by Alstom, The SuperGrid Institute is headquartered in Villeurbanne (France) and combines the expertise from companies in the power sector and academic partners. Its work is dedicated to expand search technologies for future transport networks and mass storage of electric power that will improve energy management and favour renewable energy integration.

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