Gravitricity And Arup Secure Funding To Develop Below Ground Hydrogen Storage
The title of this post, is the same as that of this article on Offshore Energy.
This is the first paragraph.
Edinburgh-based storage tech firm Gravitricity and British environment consultancy Arup have secured $372,073 (£300,000) from the UK government to study the feasibility of storing hydrogen in purpose-built underground shafts.
The biggest thing about this grant is that it has gone to Scottish start-up; Gravitricity and one of the UK’s most respected engineering consultancy companies; Arup, who have over 16,000 staff in their world-wide operation.
For Gravitricity, it is the sort of deal, that could make this small company.
It follows their link up with world-class Dutch winch specialist Huisman, who provide the winches they need.
If you judge a company, by their friends, Gravitricity now have two of the biggest and best.
This paragraph described the objectives of the study.
The parties will collaborate to deliver a complete system design and commercial feasibility report for the new idea, as well as identify a potential site for their underground hydrogen store. The design will also include integration with gravity energy storage and inter-seasonal heat.
This could turn out to be one of the most significant energy storage announcements of 2022.
Conclusion
I am not disappointed that I invested a small sum in Gravitricity through a crowd funding.
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