The Anonymous Widower

Europe’s Mines Look To Gravity Energy Storage For Green Future

The title of this post, is the same as that of this article on Global Mining Review.

This is the sub-heading.

Mine owners across Europe are looking at a new form of underground energy storage to offer a low carbon future as operations wind down.

These are the first four paragraphs.

Active deep mine operators in Slovenia, Germany, The Czech Republic and Finland are all examining how underground gravity energy storage – provided by Edinburgh firm Gravitricity – could offer green opportunities to mining communities facing a downturn in employment.

Gravitricity has developed a unique energy storage system, known as GraviStore, which uses heavy weights – totalling up to 12 000 t – suspended in a deep shaft by cables attached to winches.

This offers a viable alternative future to end of life mine shafts, which otherwise face costly infilling and mine decommissioning costs.

They have teamed up with energy multinational and winch specialist ABB alongside worldwide lifting specialists Huisman to commercialise the technology for mine operators.

Note.

  1. Four projects are mentioned.
  2. It appears to be less costly, than infilling.
  3. Gravitricity have teamed with ABB and Huisman, who are two of Europe’s specialist in this field.
  4. You can’t have too much energy storage.

The article is worth a full read.

Conclusion

Gravitricity’s simple idea could be a big winner.

May 14, 2024 Posted by | Energy, Energy Storage | , , , , , , | Leave a comment

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.

May 20, 2022 Posted by | Energy Storage, Hydrogen | , , | Leave a comment