Gravitricity protects £912k BEIS grant to establish UK multi-weight energy shop

Gravitricity hasactually protected a £912,000 grant from the Department of Business Energy & Industrial Strategy (BEIS) to establish prepares for a multi-weight energy storage system – to be developed on a brownfield website in the UK.

The Edinburgh-based energy storage professionals will work alongwith control and simulation professionals Industrial Systems and Control (ISC), winch professionals Huisman and Careys Civil Engineering to provide the front-end engineering style (FEED) for a 4MWh, multi-weight system utilizing a custom-made shaft.

They will likewise work carefully with a website partner to safeandsecure the preparation authorizations needed to establish and develop their multi-weight gravity energy shop at a grid-connected website in northern England.

The Gravitricity system shops electricalenergy by raising and decreasing heavy weights in a shaft. Analysts at Imperial College anticipate the firm’s trademarked multi-weight idea will deal long period energy storage at a lower levelised expense than option innovations, consistingof lithium ion batteries.


Gravitricity secures £912k BEIS grant to develop UK multi-weight energy store. Image courtesy of Gravitricity.

MPU Box FINAL

The Gravitricity system shops electricalenergy by raising and reducing heavy weights in a shaft.Image courtesy of Gravitricity


The expediency task will total in late 2022 and will offer the info needed to begin construct of the major industrial model multi-weight gravity energy shop rightaway afterwards, topic to protecting preparing approval and the needed funds.

The £1.5m expediency task follows the success of the business’s 250kW demonstrator, which was commissioned and ran in Leith, Edinburgh, throughout summerseason last year.

The business is likewise advancing prepares to develop a full-blown single-weight job in a disused mine shaft in mainland Europe, to commence this year.

The FEED researchstudy is being supported by the BEIS Longer Duration Energy Storage Competition, a competitive financing plan to speedup the commercialisation of ingenious energy storage tasks which can contribute to internet no. Gravitricity protected a grant of £912,410 towards the £1,520,684 job expense (representing 60 percent financing strength for SMEs).

Gravitricity Managing Director Charlie Blair
Gravitricity Managing Director Charlie Blair. Image courtesy of Gravitricity

Gravitricity Managing Director Charlie Blair states: “Finding low-priced, long-life methods to shop sustainable power will be vital in the world’s journey to web no. Our multi weight principle hasactually been shown by our Leith demonstrator where 2 25 tonne weights were setup to run separately, providing smooth constant output when reduced one after the other. We were able to show a roundtrip effectiveness of more than 80 percent and the capability to ramp up to complete import or export power in less than a 2nd.

“A Gravitricity system with several weights uses a lower expense per MWh of energy kept – more weights offer more mass (or MWhs) whilst the number of raising systems (which kinds a significant part of possession expense) does not boost.

“This task will show multi-weight usage and control utilizing a single set of raising devices and will pave the method to customized tasks which can be developed anyplace they are needed,” Blair states.

The job hasactually been invited by UK Government Energy and Climate Change Minister Greg Hands who stated:

“Driving forward energy storage innovations will be crucial in our shift towards inexpensive, tidy and safeandsecure eco-friendly energy.

“It will enable us to extract the complete advantage from our home-grown sustainable energy sources, drive down expenses and end our dependence on unpredictable and costly fossil fuels. Through this competitors we are making sure the nation’s most ingenious researchers and thinkers have our support to make this aspiration a truth.”

The 2nd stage of the job will see Gravitricity commence building of a veryfirst of kind business prototype system at a grid-connected website in the north of England. The business expect that a considerable quantity of the mechanical style and optimisation of raising devices for quick action applications will be straight transferable from this job to all future applications, as will the control systems being established.

As future production ramps up, Gravitricity and its partners mean to produce modular systems which will bring fabrication expenses down significantly. At the point where several plans are being executed, the consortium will be able to purchase and run their own shaft sinking devices utilizing, offering considerable costsavings and evenmore enhancements to the levelized expense of energy storage.

Find out more about Gravitricity with this brief (30 2nd) explainer animation:


*header image courtesy of Shutterstock

Source: Gravitricity protects £912k BEIS grant to establish UK multi-weight energy shop.

ajax loader

Gravitricity secures £912k BEIS grant to develop UK multi-weight energy store - Click To Share

Other recent press releases

*This is a free press release. All upgraded press releases are ad-free!

The Best Excel AI Tools To Become An Excel Power User

Excel is a powerful tool that helps you make quick calculations and derive insights from data gathered from various sources such as marketing data platforms. Most people see it as a spreadsheet application that stores data in tabular form, but in reality, it’s a robust computational tool that can solve complex problems.However, to be able

Stock market live news updates: Stocks mixed following latest Fed rate hike

U.S. stocks were mixed on Wednesday afternoon after the Federal Reserve announced its latest interest rate increase, a move which brought the Fed’s benchmark policy rate to the highest level since October 2007.In its statement the Fed noted inflation pressures but said inflation “remains elevated” as price pressures prove persistent across the economy.The central bank