Gravity energy storage GraviSTORE CZ
Gravitricity Ltd, based in Scotland, is pioneering underground energy storage technologies to support the global transition to 100% renewable energy. The company is developing technology for safe and reliable storage of energy and hydrogen. It is currently raising funds for production of storage prototypes.
Innovative energy storage solutions include:
- fast response time and long-life gravity storage technology that offers some of the best characteristics of lithium-ion batteries and pumped hydro storage;
- flexible capacity, new underground hydrogen storage technology that uses the rock environment to safely store large volumes of green hydrogen close to the point of demand.
The Institute of Geonics has been working closely with Gravitricity since 2020 to find a suitable deep mining site where the technology can be tested in a mining environment. These activities led to several project proposals - 3 projects were submitted for funding from EU funds, notably the Research Programme for Coal and Steel (RFCS) and the EU Innovation Fund (EUIF). One large-scale project proposal was submitted for funding from EUIF on March 16, 2023. In addition to Gravitricity, the project partners and participants are Huisman VB and the Institute of Geonics, led by Ing. Radovan Kukutsch, Ph.D. and his colleagues. The Institute of Geonics and Gravitricity have signed a memorandum of understanding and a non-disclosure agreement.
Gravitricity has received financial support from the British government as well as private investors. Due to its unique idea, the project is attracting media attention.
More information:
- 21.03.2023 reNEWS.biz: Gravitricity inks agreement with Czech aggregator.
- 23.02.2023 The Herald: Edinburgh energy storage firm to test tech in Czech mine.
- 22.02.2023 Czech Academy of Sciences: Gravity energy storage GraviSTORE CZ (in Czech).
- 21.02.2023 iDnes.cz: Underground energy storage to be built at Darkov mine, the first of its kind (in Czech).
