The award has been funded by Action Renewables to mark the charity's 20th anniversary.
It will provide one full-time student on the MSc energy storage course with £15,000 to cover full tuition fees, plus a stipend.It allows excess renewable power generation to be stored and used later.
Prof Philip Griffiths, an academic at the Ulster University Centre for Sustainable Technologies, said: "Radical change is required to our energy economy.
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