OurGraviStoreunderground gravity energy storage technologyuses the force of gravity to offer some of the best characteristics of lithium batteries and pumped hydro storage. Contact online >>
OurGraviStoreunderground gravity energy storage technologyuses the force of gravity to offer some of the best characteristics of lithium batteries and pumped hydro storage.
OurH2FlexiStoreunderground hydrogen storage technologyuses the geology of the earth to contain pressurised fuel gas, allowing safe, large-scale storage, close to the point of demand.
Gravitricity is tappinginto growing global demand for energy storage, which analysts atBloombergNEF estimated in 2021 will attract more than $262 billion of investment up to 2030.
At the same time almost 100 governments worldwide are adopting clean hydrogen strategies, with $16 billion in national subsidies set to be invested in hydrogen projects between 2022 and 2030.
At Gravitricity we have a dynamic and skilled team of highly capable individuals. Their real power is how they work as a team, get to the heart of engineering challenges and find optimal solutions.
Each staff member is aligned to our mission to accelerate the global transition to 100% renewable energy and cares passionately about the potential offered by our innovative energy storage technologies.
The worldwide rapid construction of fluctuating renewable energy sources, such as wind and solar energy, has created an increasing demand for storing large quantities of energy at low costs. Further, energy security and independence is on top of government agenda. To sustain an uninterrupted supply of energy in a grid system dominated by renewable energy sources, there must be substantially larger storage capabilities than available today to cover long periods of little or no wind, and reduced periods of sunshine.
" modeling suggests that Long Duration Energy Storage has the potential to deploy 1.5 to 2.5 terawatts (TW) power capacity—or 8 to 15 times the total storage capacity deployed today – globally by 2040. Likewise, it could deploy 85 to 140 terawatt-hours (TWh) of energy capacity by 2040 and store up to 10 percent of all electricity consumed. This corresponds to a cumulative investment of USD 1.5 trillion to USD 3 trillion and to potential value creation of USD 1.3 trillion by 2040."
Simple, clever and durable: The technical concept of Gravity Storage uses the gravitational power of a huge mass of rock. It will store electricity of large capacity between 0,5 and 10 GWh and will close the gap between renewable energy production and 24/7 supply with zero carbon electricity: cost-efficient, at giga-scale, environmentally friendly.
Gravity Storage will be built using methods and techniques already known from the mining and tunneling industry. The objective here, however, is not the removal of raw materials (as in mining) or the removal of the stone (as in tunneling), but rather the preservation of the rocks. Gravity Storage requires suitable geological conditions but no elevation difference.
Gravity Storage plants should be located in areas with solid bedrock. The most favorable sites have stable, little-faulted rock such as granite or compact layers of otherwise solid rock material.
The demand for energy storage will continue to grow strongly in the decades to come – particularly due, in particular, to the following global megatrends in electricity supply:
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